Elkhart Lake, WI vs Thiensville, WI

Elkhart Lake is moderately more affordable than Thiensville, with a 9.5% lower cost of living index. Elkhart Lake scores 89 compared to 99 for Thiensville, where the US average is 100. This difference means residents of Thiensville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elkhart Lake is $1,121/month compared to $1,218/month in Thiensville — a 8% difference. Home values follow the same pattern: Elkhart Lake is more affordable at $285,200 median vs $342,800.

Median household income in Elkhart Lake is $86,071 compared to $93,208 in Thiensville (-7.7%). The higher salaries in Thiensville 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, less than the 15.7% in Thiensville.