Cottage Grove cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCottage GroveWisconsinNational
Cost of living index11298100
IndexCottage GroveWisconsinNational
Goods & Services index102100100
Groceries index105100100
Health care index122112100
Housing index13491100
Transportation index10699100
Utilities index92102100
An overview of the general cost of living index for Cottage Grove, WI is displayed above for your reference. Residents in Cottage Grove, WI enjoy a cost of living index of 112. This index is 14% higher than the Wisconsin average, and 12% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Cottage Grove, WI, the average cost of goods and services is 2% higher than it is in Wisconsin, and it is 2% higher than the national average.

Did you know?

  • The cost of living in Cottage Grove is 14% higher than the Wisconsin average.
  • The cost of living in Cottage Grove is 12% higher than the national average.
  • The cost of housing in Cottage Grove is 34% higher than the national average.
  • Wisconsin general sales tax is 2% lower than the national average.
  • Wisconsin state income tax is 98% higher than the national average.

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Compare Cottage Grove, WI Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Cottage Grove, WI to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Cottage Grove, WI, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Cottage Grove, WI salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$89,125$7,427$2,079$2,674
Renters$40,341$3,362$941$1,210
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Cottage Grove, WI as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Cottage Grove, WI homeowners, is $89,125. This would allow for a maximum of $2,079 per month to be spent on housing costs. For renters, the median monthly income is $40,341 which would result in a maximum of $941 to be spent on rental costs.

Wisconsin Sales Tax

StateGeneral Sales TaxWith Max Surtax
Wisconsin5%5.6%

Wisconsin Income Tax

StateIncome Tax (Low)Income Tax (High)
Wisconsin4.4%7.65%
One thing to keep in mind when considering the cost of living in Cottage Grove, WI is the Wisconsin sales tax and Wisconsin income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Wisconsin sales tax rate is 5% and the maximum surtax that can be charged is 5.6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Wisconsin income tax rates range from 4.4% to 7.65%.

Goods & Services

ItemCottage GroveNational avg.Difference
Haircut $16.67$14.5914.2%
Beauty Salon $44.00$34.6826.9%
Toothpaste $2.49$2.470.7%
Shampoo $1.02$1.020.2%
Movie $11.08$9.8712.3%
Bowling $4.00$4.398.9%

Groceries

ItemCottage GroveNational avg.Difference
Ground Beef $4.26$4.484.8%
Fried Chicken $2.35$1.4660.5%
Milk $2.59$2.369.9%
Potatoes $1.99$3.0635.0%
Pizza $8.00$9.2413.4%
Beer $8.09$8.636.3%

Health Care

ItemCottage GroveNational avg.Difference
Optometrist $58.00$99.7841.9%
Doctor $173.00$105.0364.7%
Dentist $98.67$88.7011.2%
Ibuprofen $11.26$9.4119.6%
Lipitor $318.79$298.506.8%

Housing

ItemCottage GroveNational avg.Difference
Home Price $251,500.00$175,700.0043.1%
Avg. Mortgage Payment $1,245.22$1,081.0315.2%
Apartment Rent $1,049.00$920.0014.0%

Transportation

ItemCottage GroveNational avg.Difference
Gasoline $2.11$2.090.8%
Tire Balancing $55.00$45.2921.5%

Utilities

ItemCottage GroveNational avg.Difference
All Electricity$183.62$170.807.5%
Phone $19.99$28.2629.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Waterloo, WI3,34697-3%
Marshall, WI3,91298-2%
Lake Mills, WI5,76899-1%
Cambridge, WI1,3621011%
Stoughton, WI12,8861022%
Cottage Grove, WI6,53311212%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Seneca Falls, NY6,53390-10%
Fair Oaks Ranch, TX6,53412525%
Blakely, PA6,53495-5%
Commerce, GA6,53586-14%
Otis Orchards-East Farms, WA6,53898-2%
Cottage Grove, WI6,53311212%
Source: The Cottage Grove, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.