Laona, WI vs Phillips, WI

Laona, WI and Phillips, WI have a very similar cost of living, with only a 2% difference in their overall index. Laona scores 64 while Phillips scores 65 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 Laona is $660/month compared to $808/month in Phillips — a 18% difference. Interestingly, home values tell a different story: while Laona has cheaper rent, Phillips actually has lower median home values ($93,000 vs $131,900).

Median household income in Laona is $39,688 compared to $46,250 in Phillips (-14.2%). While Phillips is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Laona spend roughly 20% of their income on rent, less than the 21% in Phillips.