Gilmanton, WI vs Three Lakes, WI
There is a significant gap in the cost of living between these two cities. Gilmanton is 26% cheaper than Three Lakes. With a cost index of 65 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gilmanton to Three Lakes should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Gilmanton are $205,900 compared to $183,700 in Three Lakes, a 12% gap.
Median household income in Gilmanton is $52,250 compared to $53,625 in Three Lakes (-2.6%). Three Lakes does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.
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