New Lisbon, WI vs Rib Lake, WI

New Lisbon, WI and Rib Lake, WI have a very similar cost of living, with only a 1.6% difference in their overall index. New Lisbon scores 64 while Rib Lake scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in New Lisbon is $723/month compared to $707/month in Rib Lake — a 2% difference. Home values follow the same pattern: Rib Lake is more affordable at $99,300 median vs $105,500.

Median household income in New Lisbon is $64,000 compared to $55,813 in Rib Lake (+14.7%). While New Lisbon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Lisbon spend roughly 13.6% of their income on rent, less than the 15.2% in Rib Lake.