Howards Grove, WI vs Rice Lake, WI

Howards Grove, WI and Rice Lake, WI have a very similar cost of living, with only a 0.9% difference in their overall index. Howards Grove scores 74 while Rice Lake scores 73 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 Howards Grove is $701/month compared to $834/month in Rice Lake — a 16% difference. Interestingly, home values tell a different story: while Howards Grove has cheaper rent, Rice Lake actually has lower median home values ($178,100 vs $249,200).

Median household income in Howards Grove is $72,348 compared to $55,040 in Rice Lake (+31.4%). While Howards Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Howards Grove spend roughly 11.6% of their income on rent, less than the 18.2% in Rice Lake.