Eureka, WI vs Lake Ivanhoe, WI

Eureka, WI and Lake Ivanhoe, WI have a very similar cost of living, with only a 2.2% difference in their overall index. Eureka scores 77 while Lake Ivanhoe scores 79 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Eureka is $1,119/month compared to $1,050/month in Lake Ivanhoe — a 7% difference. Interestingly, home values tell a different story: while Lake Ivanhoe has cheaper rent, Eureka actually has lower median home values ($143,200 vs $171,000).

Median household income in Eureka is $67,083 compared to $82,963 in Lake Ivanhoe (-19.1%). While Lake Ivanhoe is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Eureka spend roughly 20% of their income on rent, more than the 15.2% in Lake Ivanhoe.