Lake Mills, WI vs St. Croix Falls, WI
There is a significant gap in the cost of living between these two cities. St. Croix Falls is 16.1% cheaper than Lake Mills. With a cost index of 77 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from St. Croix Falls 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 $864/month in St. Croix Falls — a 27% difference. Home values follow the same pattern: St. Croix Falls is more affordable at $216,500 median vs $282,400.
Median household income in Lake Mills is $87,039 compared to $63,179 in St. Croix Falls (+37.8%). 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 16.4% in St. Croix Falls.
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