Laona, WI vs Spencer, WI

Spencer is moderately more affordable than Laona, with a 6% lower cost of living index. Laona scores 64 compared to 60 for Spencer, where the US average is 100. This difference means residents of Laona can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Laona is $660/month compared to $550/month in Spencer — a 20% difference. Interestingly, home values tell a different story: while Spencer has cheaper rent, Laona actually has lower median home values ($131,900 vs $143,000).

Median household income in Laona is $39,688 compared to $74,245 in Spencer (-46.5%). Spencer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Laona spend roughly 20% of their income on rent, more than the 8.9% in Spencer.