Lake of the Woods, IN vs Walesboro, IN

Lake of the Woods is moderately more affordable than Walesboro, with a 11% lower cost of living index. Lake of the Woods scores 79 compared to 89 for Walesboro, where the US average is 100. This difference means residents of Walesboro can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Lake of the Woods are $189,600 compared to $198,700 in Walesboro, a 5% gap.

Median household income in Lake of the Woods is $64,375 compared to $83,663 in Walesboro (-23.1%). While Walesboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.