What Is The Cost Of Living In Wisconsin?May 24, 2023
Are you looking for the cost of living in Wisconsin, right? This article will give you every detail about the average cost of living in Wisconsin. It includes the cost of transportation, healthcare, grocery, utility, housing, food, entertainment, internet, fitness, taxes, etc. Wisconsin is a state located in the United States. It is one of the nation’s leading dairy producers therefore popularly known as “America’s Dairyland”, it is particularly famous for its cheese. Besides this, the state is also famous for its beer, particularly and historically in Milwaukee, most notably the headquarters of the Miller Brewing Company. Let’s consider the cost of living in Wisconsin.
What Is The Cost Of Living In Wisconsin?
The cost of living in Wisconsin is 89.9 as compared to the national average of 100. The state is best known for its happy, friendly residents, unique geography, and massive dairy and cheese industries. On top of all, the cost of living in Wisconsin cities is also affordable. Take a look at the table given below, if you find the average cost of assisted living in Wisconsin is less than 100, it means Wisconsin is cheaper than the national average and vice versa.
|Cost Of Living For||Wisconsin||USA|
|Median Home Cost||$231,300||$291,700|
In Wisconsin, the overall housing cost is lower than the national average. The only exception is in its two biggest cities namely, Milwaukee and Madison. But, even there, the cost of rent is not out of budget. An adult who earns an average salary can manage to take a house on rent in these two cities. Below, we have tabulated the cost of rent for one and two-bedroom apartments in the different cities in Wisconsin, including the cost of living in Madison, Wisconsin.
|City||Approx 1 Bedroom Rent||Approx 2 Bedroom Rent|
The cost of food also plays an important role in the cost of living in Wisconsin Dells. In the state, from beer to cheese, everyone loves their local food. And Luckily, it doesn’t break the bank to do so. The average grocery costs in Wisconsin are only 0.9% above the national average. In the state, the residents spend between $233 and $266 per person on food each month. Here is the approx cost for dinner for the 2 given, including the cost of living in Appleton, Wi.
|City||Approx Dinner Cost For 2|
The cost of living increases Wisconsin when you add the cost of travel in it.in Winsconsin, using public transportation like buses or light rail has many benefits. In the city of Marshfield, a shared-ride taxi service called Running Inc. provides shared-ride transit within the city limits adult fares are $5 per ride. A fleet of buses provides mass transit to residents of Eau Claire for $1.75 per ride.
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Let’s know some other expenses including healthcare, fitness, internet, entertainment, taxes, utility, etc.
The price of health insurance in different cities in Wisconsin is as, Green Bay $168.75, Eau Claire $178.28, Milwaukee $181.67, Madison $204, and Marshfield $207.70.
In the state, the total monthly energy bill of $197.84, Madison is the most expensive city for utility. Green Bay is the cheapest, with total monthly energy costs coming out to $164.79. People in the state also have a low average water bill of $18.
An internet plan from Spectrum will cost you around $49.99 per month for 300 to 1,000 Mbps of speedy data. While a plan for AT&T will cost you around $55 per month.
In Wisconsin you can buy a gym membership for a month or a year to avoid some extra money. For a month they will charge you up to $19.95 for a single person.
In Wisconsin Dells, the entertainment and activities typically cost an average of $37 per person, per day. There are also some free-of-cost places to enjoy.
In Wisconsin, a statewide sales tax of 5%. If you go out and spend $1,000 n beer for a party, you will be paying $50 on top of that in tax. All the cities and counties only add a 0.5% tax to the state tax rate.
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What Is The Cost Of Living In Wisconsin 2022?
The average living to maintain a decent lifestyle in Wisconsin comes to around $29,784. The housing costs are high in Madison and other cities in the state. Basic amenities like healthcare and education are on the higher side. Not forget to mention, the utilities will also cost you high.
Is Wisconsin A Good State To Live In?
Benefits Of Living In Wisconsin
Since home prices and rents are both quite reasonable here. Furthermore, adding to the Wisconsin quality of life are a few different things. Such as rural or city living options. Low crime rates, good health care, access to quality schools, and a chance to enjoy all four weather seasons.
How Much Are Groceries In Wisconsin?
Wisconsin food prices
Average grocery costs in Wisconsin are only 0.9 percent above the national average. Wisconsinites spend between $233 and $266 per person on food each month. That comes out to between $2,801 and $3,200 annually. Food prices do vary by city, though.
Is Wisconsin A High Tax State?
The good news is that sales taxes are actually low in Wisconsin. There’s a 5% state sales tax, but local governments can add their own tax to it. Overall, however, Wisconsin has the ninth-lowest combined average state and local tax rate in the nation, says the Tax Foundation.
Is Wisconsin A Cheap Place To Live?
Wisconsin is not considered to be an expensive state. The housing costs are 15 percent below the national average. Rental costs in Wisconsin are also $200 – $500 less than comparable homes in other states. These costs are even lower in the central and northern parts of the state, where fewer people live.
What Is Wisconsin Most Known For?
The state is one of the nation’s leading dairy producers and is known as “America’s Dairyland”; it is particularly famous for its cheese. The state is also famous for its beer, particularly and historically in Milwaukee, most notably as the headquarters of the Miller Brewing Company.
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In this article, you have learned about the cost of living in Wisconsin Madison and other cities in Wisconsin also. After reading this article, you come across that the state of Wisconsin is about 1.09 times less expensive than the average in the United States. Wisconsin is ranked 37th most expensive and 18th best state to live in the United States. So, this was all about the cost of living in Wisconsin.