Lake Mills, WI vs New Lisbon, WI

The cost of living difference between Lake Mills, WI and New Lisbon, WI is dramatic. New Lisbon is 40.6% 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 New Lisbon sits at 64, 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 $723/month in New Lisbon — a 52% difference. Home values follow the same pattern: New Lisbon is more affordable at $105,500 median vs $282,400.

Median household income in Lake Mills is $87,039 compared to $64,000 in New Lisbon (+36%). The higher salaries in Lake Mills partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lake Mills spend roughly 15.1% of their income on rent, more than the 13.6% in New Lisbon.