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New Auburn, WI vs Spencer, WI

76
New Auburn
Wisconsin
VS
+26.6%
60
Spencer
Wisconsin

There is a significant gap in the cost of living between these two cities. Spencer is 26.6% cheaper than New Auburn. With a cost index of 60 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Spencer to New Auburn should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Auburn is $1,010/month compared to $550/month in Spencer — a 84% difference. Home values follow the same pattern: Spencer is more affordable at $143,000 median vs $164,400.

Median household income in New Auburn is $67,981 compared to $74,245 in Spencer (-8.4%). 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 New Auburn spend roughly 17.8% of their income on rent, more than the 8.9% in Spencer.

Income & Cost

Cost of Living Index
New Auburn
76
Spencer
60
21% cheaper
Median Household Income
New Auburn
$67,981
Spencer
$74,245
8% higher

Housing

Median Rent
New Auburn
$1,010
Spencer
$550
46% cheaper
Median Home Value
New Auburn
$164,400
Spencer
$143,000
13% cheaper
Population
New Auburn
550
Spencer
1,621

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Auburn $2.88
Spencer $2.88
US $3.07
🥚
Eggs (grade A, large)
New Auburn $2.35
Spencer $2.35
US $2.50
🥛
Milk (whole)
New Auburn $3.78
Spencer $3.78
US $4.03
🍞
Bread (white)
New Auburn $1.74
Spencer $1.74
US $1.85
🍗
Chicken breast
New Auburn $3.89
Spencer $3.89
US $4.14
Electricity
New Auburn $0.17
Spencer $0.17
US $0.19