Elkhart Lake, WI vs Ontario, WI

The cost of living difference between Elkhart Lake, WI and Ontario, WI is dramatic. Ontario is 41.9% cheaper than Elkhart Lake, a gap that translates to thousands of dollars per year in household expenses. Elkhart Lake has a cost index of 89 while Ontario sits at 63, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Elkhart Lake is $1,121/month compared to $675/month in Ontario — a 66% difference. Home values follow the same pattern: Ontario is more affordable at $130,000 median vs $285,200.

Median household income in Elkhart Lake is $86,071 compared to $57,500 in Ontario (+49.7%). While Elkhart Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elkhart Lake spend roughly 15.6% of their income on rent, more than the 14.1% in Ontario.