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Elkhart Lake, WI vs Howards Grove, WI

89
Elkhart Lake
Wisconsin
VS
+21.3%
74
Howards Grove
Wisconsin

There is a significant gap in the cost of living between these two cities. Howards Grove is 21.3% cheaper than Elkhart Lake. With a cost index of 74 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Howards Grove to Elkhart Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elkhart Lake is $1,121/month compared to $701/month in Howards Grove — a 60% difference. Home values follow the same pattern: Howards Grove is more affordable at $249,200 median vs $285,200.

Median household income in Elkhart Lake is $86,071 compared to $72,348 in Howards Grove (+19%). The higher salaries in Elkhart Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elkhart Lake spend roughly 15.6% of their income on rent, more than the 11.6% in Howards Grove.

Income & Cost

Cost of Living Index
Elkhart Lake
89
Howards Grove
74
18% cheaper
Median Household Income
Elkhart Lake
$86,071
16% higher
Howards Grove
$72,348

Housing

Median Rent
Elkhart Lake
$1,121
Howards Grove
$701
37% cheaper
Median Home Value
Elkhart Lake
$285,200
Howards Grove
$249,200
13% cheaper
Population
Elkhart Lake
1,097
Howards Grove
3,245

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elkhart Lake $2.88
Howards Grove $2.88
US $3.07
🥚
Eggs (grade A, large)
Elkhart Lake $2.35
Howards Grove $2.35
US $2.50
🥛
Milk (whole)
Elkhart Lake $3.78
Howards Grove $3.78
US $4.03
🍞
Bread (white)
Elkhart Lake $1.74
Howards Grove $1.74
US $1.85
🍗
Chicken breast
Elkhart Lake $3.89
Howards Grove $3.89
US $4.14
Electricity
Elkhart Lake $0.17
Howards Grove $0.17
US $0.19