Monona, WI vs Williams Bay, WI

Williams Bay is moderately more affordable than Monona, with a 13.8% lower cost of living index. Monona scores 102 compared to 90 for Williams Bay, where the US average is 100. This difference means residents of Monona can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Monona is $1,207/month compared to $799/month in Williams Bay — a 51% difference. Interestingly, home values tell a different story: while Williams Bay has cheaper rent, Monona actually has lower median home values ($390,400 vs $397,600).

Median household income in Monona is $87,784 compared to $70,568 in Williams Bay (+24.4%). While Monona is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Monona spend roughly 16.5% of their income on rent, more than the 13.6% in Williams Bay.