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Oconomowoc Lake, WI vs Shorewood Hills, WI

182
Oconomowoc Lake
Wisconsin
VS
+10.9%
165
Shorewood Hills
Wisconsin

Shorewood Hills is moderately more affordable than Oconomowoc Lake, with a 10.9% lower cost of living index. Oconomowoc Lake scores 182 compared to 165 for Shorewood Hills, where the US average is 100. This difference means residents of Oconomowoc Lake can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Oconomowoc Lake are $1,328,700 compared to $913,200 in Shorewood Hills, a 46% gap.

Median household income in Oconomowoc Lake is $250,001 compared to $129,688 in Shorewood Hills (+92.8%). While Oconomowoc Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Oconomowoc Lake
182
Shorewood Hills
165
10% cheaper
Median Household Income
Oconomowoc Lake
$250,001
48% higher
Shorewood Hills
$129,688

Housing

Median Rent
Oconomowoc Lake
Shorewood Hills
$1,850
Median Home Value
Oconomowoc Lake
$1,328,700
Shorewood Hills
$913,200
31% cheaper
Population
Oconomowoc Lake
699
Shorewood Hills
2,067

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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