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Lake Wisconsin, WI vs Verona, WI

111
Lake Wisconsin
Wisconsin
VS
+1.2%
109
Verona
Wisconsin

Lake Wisconsin, WI and Verona, WI have a very similar cost of living, with only a 1.2% difference in their overall index. Lake Wisconsin scores 111 while Verona scores 109 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lake Wisconsin is $1,399/month compared to $1,462/month in Verona — a 4% difference. Interestingly, home values tell a different story: while Lake Wisconsin has cheaper rent, Verona actually has lower median home values ($382,800 vs $421,500).

Median household income in Lake Wisconsin is $116,053 compared to $119,148 in Verona (-2.6%). Verona offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lake Wisconsin spend roughly 14.5% of their income on rent, less than the 14.7% in Verona.

Income & Cost

Cost of Living Index
Lake Wisconsin
111
Verona
109
1% cheaper
Median Household Income
Lake Wisconsin
$116,053
Verona
$119,148
3% higher

Housing

Median Rent
Lake Wisconsin
$1,399
4% cheaper
Verona
$1,462
Median Home Value
Lake Wisconsin
$421,500
Verona
$382,800
9% cheaper
Population
Lake Wisconsin
5,051
Verona
14,499

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lake Wisconsin $2.88
Verona $2.88
US $3.07
🥚
Eggs (grade A, large)
Lake Wisconsin $2.35
Verona $2.35
US $2.50
🥛
Milk (whole)
Lake Wisconsin $3.78
Verona $3.78
US $4.03
🍞
Bread (white)
Lake Wisconsin $1.74
Verona $1.74
US $1.85
🍗
Chicken breast
Lake Wisconsin $3.89
Verona $3.89
US $4.14
Electricity
Lake Wisconsin $0.17
Verona $0.17
US $0.19