Oconto, WI vs Spencer, WI

Spencer is moderately more affordable than Oconto, with a 11.2% lower cost of living index. Oconto scores 67 compared to 60 for Spencer, where the US average is 100. This difference means residents of Oconto can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Oconto is $780/month compared to $550/month in Spencer — a 42% difference. Interestingly, home values tell a different story: while Spencer has cheaper rent, Oconto actually has lower median home values ($133,900 vs $143,000).

Median household income in Oconto is $62,704 compared to $74,245 in Spencer (-15.5%). 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 Oconto spend roughly 14.9% of their income on rent, more than the 8.9% in Spencer.