Elkhorn, WI vs Holmen, WI: Cost of Living

Which city costs less?

Holmen, WI has a modeled overall cost index 7.0% higher than Elkhorn, WI.

Elkhorn, WI · modeled 2BR rent
$1,130 / month
Holmen, WI · modeled 2BR rent
$1,280 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Elkhorn, WI and Holmen, WI using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

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Estimated extra cost: $465/month in Holmen, WI

$150,000 in your current city has a modeled equivalent of $155,581 in Holmen, WI

Regional cost estimates: Elkhorn, WI uses Milwaukee, WI. Holmen, WI uses Madison, WI. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 7.0%
More expensive
Monthly Impact
$465
Extra cost
Annual Impact
$5.6K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Elkhorn, WI

Population:10K
Cost Index:
84.1
100 = national average
Typical Home:$382K

Holmen, WI

Population:12K
Cost Index:
89.9
100 = national average
Typical Home:$404K

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Elkhorn, WI

The Badger State

10K
Population
State Tax
Yes

Located in Wisconsin, this city has a population of 10K residents.

Holmen, WI

The Badger State

12K
Population
State Tax
Yes

Located in Wisconsin, this city has a population of 12K residents.

Cost Breakdown by Category

Estimated monthly spending: Elkhorn, WI vs Holmen, WI

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↑ 32.8%
Elkhorn, WI
$1,849
Holmen, WI
$2,456
Difference
$607
more
Transportation
↓ 7.3%
Elkhorn, WI
$1,503
Holmen, WI
$1,394
Difference
$109
less
Other
↑ 3.4%
Elkhorn, WI
$1,717
Holmen, WI
$1,775
Difference
$57.54
more
Groceries
↓ 3.7%
Elkhorn, WI
$1,066
Holmen, WI
$1,027
Difference
$39.52
less
Healthcare
↓ 3.7%
Elkhorn, WI
$799
Holmen, WI
$769
Difference
$29.61
less
All Utilities
↓ 3.7%
Elkhorn, WI
$565
Holmen, WI
$544
Difference
$20.93
less

🏠Rent Comparison

Studio
From$780
To$880
↑ $100
1 Bed
From$860
To$980
↑ $120
2 Bed
From$1,130
To$1,280
↑ $150
3 Bed
From$1,420
To$1,660
↑ $240
Elkhorn, WIZIP-level data

1BR range: $860–$860/mo

Holmen, WIZIP-level data

1BR range: $980–$980/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Elkhorn, WI
$7,965
Monthly in Holmen, WI
$465
Difference

Home Values

Elkhorn
Holmen
$382K
Median Value
$404K
↑ +3.1%
YoY Change
↑ +2.1%
↑ +36.4%
5-Year Change
↑ +34.6%

Homes in Holmen are 6% more expensive than Elkhorn

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
→ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Elkhorn, WI

Federal Income Tax
Effective: 18.9%
$25.5K
Wisconsin State Tax
Effective: 5.9%
$8.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 30.6%
$45.9K
Take-Home Pay
$8,678/month
$104.1K

Holmen, WI

Federal Income Tax
Effective: 18.9%
$25.5K
Wisconsin State Tax
Effective: 5.9%
$8.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 30.6%
$45.9K
Take-Home Pay
$8,678/month
$104.1K

Additional Tax Information

Elkhorn, WI Tax Rates

Sales Tax:5.6%
Property Tax:1.8%

Holmen, WI Tax Rates

Sales Tax:5.6%
Property Tax:1.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Elkhorn
Holmen
43 Good
Air Quality
42 Good
68.6%
Good Air Days
72.1%
98 High
Climate Risk
94 Moderate
🌊🌡🌪
Top Hazards
🌊🌪💨
▲+3.3°F
2050 Outlook
▲+3.4°F
13 days
Heat Days >95°F
10 days
▲+3.3°F
2050 Outlook
▲+3.4°F
13 days
Heat Days >95°F
10 days

Before moving from Elkhorn, WI to Holmen, WI

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Holmen, WI for the same bedroom count and included utilities as your home in Elkhorn, WI. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Elkhorn to Holmen moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Holmen, WI by cost, housing, population and region.

Frequently Asked Questions: Elkhorn, WI vs Holmen, WI

How do the cost estimates for Elkhorn, WI and Holmen, WI compare?

Holmen, WI has a modeled overall cost index 7.0% higher than Elkhorn, WI. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Elkhorn, WI, the model estimates $155,581 in Holmen, WI. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Elkhorn, WI and Holmen, WI?

The modeled two-bedroom rents are $1,130/month in Elkhorn, WI and $1,280/month in Holmen, WI. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

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