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Jim Falls, WI vs Oconomowoc Lake, WI

77
Jim Falls
Wisconsin
VS
-57.7%
182
Oconomowoc Lake
Wisconsin

The cost of living difference between Jim Falls, WI and Oconomowoc Lake, WI is dramatic. Jim Falls is 57.7% cheaper than Oconomowoc Lake, a gap that translates to thousands of dollars per year in household expenses. Jim Falls has a cost index of 77 while Oconomowoc Lake sits at 182, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Jim Falls are $188,200 compared to $1,328,700 in Oconomowoc Lake, a 86% gap.

Median household income in Jim Falls is $103,250 compared to $250,001 in Oconomowoc Lake (-58.7%). While Oconomowoc Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Jim Falls
77
58% cheaper
Oconomowoc Lake
182
Median Household Income
Jim Falls
$103,250
Oconomowoc Lake
$250,001
59% higher

Housing

Median Rent
Jim Falls
$980
Oconomowoc Lake
Median Home Value
Jim Falls
$188,200
86% cheaper
Oconomowoc Lake
$1,328,700
Population
Jim Falls
247
Oconomowoc Lake
699

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Jim Falls $2.88
Oconomowoc Lake $2.88
US $3.07
🥚
Eggs (grade A, large)
Jim Falls $2.35
Oconomowoc Lake $2.35
US $2.50
🥛
Milk (whole)
Jim Falls $3.78
Oconomowoc Lake $3.78
US $4.03
🍞
Bread (white)
Jim Falls $1.74
Oconomowoc Lake $1.74
US $1.85
🍗
Chicken breast
Jim Falls $3.89
Oconomowoc Lake $3.89
US $4.14
Electricity
Jim Falls $0.17
Oconomowoc Lake $0.17
US $0.19