Oconomowoc, WI vs Waupaca, WI

The cost of living difference between Oconomowoc, WI and Waupaca, WI is dramatic. Waupaca is 44% cheaper than Oconomowoc, a gap that translates to thousands of dollars per year in household expenses. Oconomowoc has a cost index of 101 while Waupaca sits at 70, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Oconomowoc is $1,235/month compared to $748/month in Waupaca — a 65% difference. Home values follow the same pattern: Waupaca is more affordable at $177,600 median vs $367,700.

Median household income in Oconomowoc is $105,833 compared to $52,586 in Waupaca (+101.3%). While Oconomowoc is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oconomowoc spend roughly 14% of their income on rent, less than the 17.1% in Waupaca.