Lake Mills, WI vs Neillsville, WI

The cost of living difference between Lake Mills, WI and Neillsville, WI is dramatic. Neillsville is 42.4% cheaper than Lake Mills, a gap that translates to thousands of dollars per year in household expenses. Lake Mills has a cost index of 89 while Neillsville sits at 63, 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.

On the housing front, median rent in Lake Mills is $1,095/month compared to $680/month in Neillsville — a 61% difference. Home values follow the same pattern: Neillsville is more affordable at $111,300 median vs $282,400.

Median household income in Lake Mills is $87,039 compared to $58,239 in Neillsville (+49.5%). 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, more than the 14% in Neillsville.