Fox Point, WI vs Oconomowoc, WI

There is a significant gap in the cost of living between these two cities. Oconomowoc is 17.6% cheaper than Fox Point. With a cost index of 101 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oconomowoc to Fox Point should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fox Point is $1,693/month compared to $1,235/month in Oconomowoc — a 37% difference. Home values follow the same pattern: Oconomowoc is more affordable at $367,700 median vs $414,900.

Median household income in Fox Point is $140,818 compared to $105,833 in Oconomowoc (+33.1%). While Fox Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fox Point spend roughly 14.4% of their income on rent, more than the 14% in Oconomowoc.