Mineral Point, WI vs Stoddard, WI

Stoddard is moderately more affordable than Mineral Point, with a 6.5% lower cost of living index. Mineral Point scores 74 compared to 70 for Stoddard, where the US average is 100. This difference means residents of Mineral Point can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Mineral Point is $767/month compared to $796/month in Stoddard — a 4% difference. Interestingly, home values tell a different story: while Mineral Point has cheaper rent, Stoddard actually has lower median home values ($169,700 vs $213,000).

Median household income in Mineral Point is $78,958 compared to $61,477 in Stoddard (+28.4%). While Mineral Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mineral Point spend roughly 11.7% of their income on rent, less than the 15.5% in Stoddard.