Elkhorn, WI vs Merton, WI

There is a significant gap in the cost of living between these two cities. Elkhorn is 25.2% cheaper than Merton. With a cost index of 84 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elkhorn to Merton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elkhorn is $999/month compared to $1,148/month in Merton — a 13% difference. Home values follow the same pattern: Elkhorn is more affordable at $255,300 median vs $539,900.

Median household income in Elkhorn is $73,052 compared to $168,661 in Merton (-56.7%). While Merton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elkhorn spend roughly 16.4% of their income on rent, more than the 8.2% in Merton.