Lake Nebagamon, WI vs New Lisbon, WI

There is a significant gap in the cost of living between these two cities. New Lisbon is 23% cheaper than Lake Nebagamon. With a cost index of 64 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Lisbon to Lake Nebagamon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lake Nebagamon is $817/month compared to $723/month in New Lisbon — a 13% difference. Home values follow the same pattern: New Lisbon is more affordable at $105,500 median vs $278,300.

Median household income in Lake Nebagamon is $75,341 compared to $64,000 in New Lisbon (+17.7%). The higher salaries in Lake Nebagamon partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lake Nebagamon spend roughly 13% of their income on rent, less than the 13.6% in New Lisbon.