Lake Mills, WI vs Marshfield, WI
There is a significant gap in the cost of living between these two cities. Marshfield is 27.8% cheaper than Lake Mills. With a cost index of 70 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Marshfield to Lake Mills should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lake Mills is $1,095/month compared to $798/month in Marshfield — a 37% difference. Home values follow the same pattern: Marshfield is more affordable at $169,900 median vs $282,400.
Median household income in Lake Mills is $87,039 compared to $59,294 in Marshfield (+46.8%). While Lake Mills 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 Mills spend roughly 15.1% of their income on rent, less than the 16.2% in Marshfield.
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