Koshkonong, MO vs Lancaster, MO

Lancaster is moderately more affordable than Koshkonong, with a 7.3% lower cost of living index. Koshkonong scores 59 compared to 55 for Lancaster, where the US average is 100. This difference means residents of Koshkonong can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Koshkonong is $725/month compared to $388/month in Lancaster — a 87% difference. Interestingly, home values tell a different story: while Lancaster has cheaper rent, Koshkonong actually has lower median home values ($62,200 vs $137,500).

Median household income in Koshkonong is $27,891 compared to $47,361 in Lancaster (-41.1%). Lancaster offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Koshkonong spend roughly 31.2% of their income on rent, more than the 9.8% in Lancaster. The Lancaster ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.