Gays Mills, WI vs Thorp, WI

Gays Mills, WI and Thorp, WI have a very similar cost of living, with only a 2.7% difference in their overall index. Gays Mills scores 69 while Thorp scores 71 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 Gays Mills is $775/month compared to $844/month in Thorp — a 8% difference. Interestingly, home values tell a different story: while Gays Mills has cheaper rent, Thorp actually has lower median home values ($155,100 vs $156,900).

Median household income in Gays Mills is $35,682 compared to $56,800 in Thorp (-37.2%). While Thorp is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gays Mills spend roughly 26.1% of their income on rent, more than the 17.8% in Thorp.