Milltown, WI vs Nichols, WI

Milltown is moderately more affordable than Nichols, with a 12.3% lower cost of living index. Milltown scores 63 compared to 72 for Nichols, where the US average is 100. This difference means residents of Nichols can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milltown is $672/month compared to $883/month in Nichols — a 24% difference. Home values follow the same pattern: Milltown is more affordable at $114,200 median vs $145,300.

Median household income in Milltown is $37,500 compared to $56,875 in Nichols (-34.1%). While Nichols is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Milltown spend roughly 21.5% of their income on rent, more than the 18.6% in Nichols.