Lake Ivanhoe, WI vs Wheeler, WI

Wheeler is moderately more affordable than Lake Ivanhoe, with a 7.4% lower cost of living index. Lake Ivanhoe scores 79 compared to 74 for Wheeler, where the US average is 100. This difference means residents of Lake Ivanhoe can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lake Ivanhoe is $1,050/month compared to $1,042/month in Wheeler — a 1% difference. Home values follow the same pattern: Wheeler is more affordable at $112,500 median vs $171,000.

Median household income in Lake Ivanhoe is $82,963 compared to $73,750 in Wheeler (+12.5%). While Lake Ivanhoe 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 Ivanhoe spend roughly 15.2% of their income on rent, less than the 17% in Wheeler.