Dodgeville 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.
IndexDodgevilleWisconsinNational
Cost of living index9598100
IndexDodgevilleWisconsinNational
Goods & Services index102100100
Groceries index105100100
Health care index122112100
Housing index7791100
Transportation index10699100
Utilities index92102100
The above illustration supplies generalized information for the Dodgeville, WI cost of living index. Compared to other cities in Wisconsin and cities across the country, the cost of living index in Dodgeville, WI is 95, which is 3% lower than the Wisconsin average and 5% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Dodgeville, WI are 2% higher than the average for Wisconsin and 2% higher than the rest of the country.

Did you know?

  • The cost of living in Dodgeville is 3% lower than the Wisconsin average.
  • The cost of living in Dodgeville is 5% lower than the national average.
  • The cost of housing in Dodgeville is 23% lower 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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Salary Calculator

This is how much you would need to earn in
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Cost of living index
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Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Dodgeville, WI would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Dodgeville, WI, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Dodgeville, WI salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,204$5,017$1,405$1,806
Renters$29,351$2,446$685$881
The affordability of the housing market in Dodgeville, WI as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Dodgeville, WI homeowners, the median income is $60,204. This indicates that a monthly maximum of $1,405 should be spent by homeowners on all housing related costs. Renters have a median income of $29,351. This indicates that renters should have a maximum of $685 used for their rent related monthly 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%
When you are determining the total cost of living in Dodgeville, WI you will want to make sure you consider both the Wisconsin sales tax and the Wisconsin income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Wisconsin is 5%, with the highest surtax being 5.6%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Wisconsin have a range from 4.4% to 7.65%.

Goods & Services

ItemDodgevilleNational 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

ItemDodgevilleNational 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

ItemDodgevilleNational 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

ItemDodgevilleNational avg.Difference
Home Price $133,000.00$175,700.0024.3%
Avg. Mortgage Payment $1,245.22$1,081.0315.2%
Apartment Rent $745.00$920.0019.0%

Transportation

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

Utilities

ItemDodgevilleNational 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.
Rewey, WI30087-13%
Linden, WI54191-9%
Highland, WI91492-8%
Edmund, WI16392-8%
Hollandale, WI33092-8%
Dodgeville, WI4,69395-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Carrollton, VA4,69311515%
Mount Olive, NC4,69386-14%
Adairsville, GA4,69286-14%
Granite Falls, NC4,69492-8%
Manlius, NY4,6911022%
Dodgeville, WI4,69395-5%
Source: The Dodgeville, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.