Gresham, WI vs Spencer, WI

Gresham, WI and Spencer, WI have a very similar cost of living, with only a 1% difference in their overall index. Gresham scores 61 while Spencer scores 60 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 Gresham is $593/month compared to $550/month in Spencer — a 8% difference. Interestingly, home values tell a different story: while Spencer has cheaper rent, Gresham actually has lower median home values ($120,100 vs $143,000).

Median household income in Gresham is $48,750 compared to $74,245 in Spencer (-34.3%). Spencer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gresham spend roughly 14.6% of their income on rent, more than the 8.9% in Spencer.