Lake Geneva, WI vs Wales, WI

Lake Geneva is moderately more affordable than Wales, with a 11.2% lower cost of living index. Lake Geneva scores 97 compared to 110 for Wales, where the US average is 100. This difference means residents of Wales can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Geneva is $1,250/month compared to $1,473/month in Wales — a 15% difference. Home values follow the same pattern: Lake Geneva is more affordable at $323,000 median vs $383,600.

Median household income in Lake Geneva is $73,199 compared to $110,804 in Wales (-33.9%). While Wales is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lake Geneva spend roughly 20.5% of their income on rent, more than the 16% in Wales.