East Troy 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.
IndexEast TroyWisconsinNational
Cost of living index10098100
IndexEast TroyWisconsinNational
Goods & Services index97100100
Groceries index103100100
Health care index115112100
Housing index10091100
Transportation index8999100
Utilities index110102100
Displayed above is a general overview of the East Troy, WI cost of living index. The overall cost of living index in East Troy, WI is 100, which is 2% higher than the Wisconsin average and equal to the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in East Troy, WI are 3% lower than the Wisconsin average and 3% lower than the national average.

Did you know?

  • The cost of living in East Troy is 2% higher than the Wisconsin average.
  • The cost of living in East Troy is equal to the national average.
  • The cost of housing in East Troy is equal to 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.

Find Real Estate Listings In East Troy

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In East Troy

Compare East Troy, WI Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in East Troy, WI to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in East Troy, WI, you have to earn a higher income in order to still have the same standard of living. To operate the East Troy, WI salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$66,897$5,575$1,561$2,007
Renters$36,613$3,051$854$1,098
One can approximate the cost of living and the housing affordability in East Troy, WI by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in East Troy, WI have a median income of $66,897. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,561 per month to avoid calamity and poverty. The renters in the city have an income of about $36,613, which would make their monthly maximum allowable rental costs $854.

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 assessing the complete cost of living in East Troy, WI, the Wisconsin income tax and the Wisconsin sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Wisconsin maximum surtax is 5.6%, and the Wisconsin sales tax is 5%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4.4% to 7.65% in Wisconsin.

Goods & Services

ItemEast TroyNational avg.Difference
Haircut $15.99$14.599.6%
Beauty Salon $30.60$34.6811.8%
Toothpaste $2.51$2.471.5%
Shampoo $0.89$1.0212.9%
Movie $9.80$9.870.7%
Bowling $3.25$4.3926.0%

Groceries

ItemEast TroyNational avg.Difference
Ground Beef $3.32$4.4825.8%
Fried Chicken $1.86$1.4627.0%
Milk $2.20$2.366.6%
Potatoes $2.35$3.0623.2%
Pizza $9.00$9.242.6%
Beer $7.97$8.637.7%

Health Care

ItemEast TroyNational avg.Difference
Optometrist $52.40$99.7847.5%
Doctor $166.00$105.0358.0%
Dentist $91.60$88.703.3%
Ibuprofen $9.19$9.412.4%
Lipitor $315.77$298.505.8%

Housing

ItemEast TroyNational avg.Difference
Home Price $187,200.00$175,700.006.5%
Avg. Mortgage Payment $1,141.54$1,081.035.6%
Apartment Rent $794.00$920.0013.7%

Transportation

ItemEast TroyNational avg.Difference
Gasoline $1.89$2.099.6%
Tire Balancing $37.95$45.2916.2%

Utilities

ItemEast TroyNational avg.Difference
All Electricity$169.20$170.800.9%
Phone $35.25$28.2624.8%
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.
Turtle Lake CDP, WI34394-6%
Lake Ivanhoe, WI51294-6%
Delavan, WI8,46796-4%
Palmyra, WI1,66896-4%
Elkhorn, WI10,02097-3%
East Troy, WI4,3001000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Winfield, AL4,30080-20%
Sergeant Bluff, IA4,30095-5%
Jasper, FL4,30182-18%
Beechwood, MS4,29992-8%
Florence, NJ4,29811414%
East Troy, WI4,3001000%
Source: The East Troy, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.