Cost Of Living In Elk Mound, WI

Elk Mound 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.
Index	Elk Mound	Wisconsin	National
Cost of living index	92	97	100
Index	Elk Mound	Wisconsin	National
Goods & Services index	102	98	100
Groceries index	95	99	100
Health care index	111	112	100
Housing index	72	91	100
Transportation index	109	103	100
Utilities index	94	100	100

Did you know?

The cost of living in Elk Mound is 5% lower than the Wisconsin average.
The cost of living in Elk Mound is 8% lower than the national average.
The cost of housing in Elk Mound is 28% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$60,234	$5,020	$1,405	$1,807
Renters	$40,750	$3,396	$951	$1,223

Wisconsin Sales Tax

State	General Sales Tax	With Max Surtax
Wisconsin	5%	5.6%

Wisconsin Income Tax

State	Income Tax (Low)	Income Tax (High)
Wisconsin	4.4%	7.65%

Goods & Services

Item	Elk Mound	National avg.	Difference
Haircut	$17.33	$15.56	11.4%
Beauty Salon	$31.67	$36.11	12.3%
Toothpaste	$2.55	$2.47	3.1%
Shampoo	$1.04	$0.96	8.1%
Movie	$9.47	$10.13	6.5%
Bowling	$4.30	$4.74	9.1%

Groceries

Item	Elk Mound	National avg.	Difference
Ground Beef	$3.72	$3.98	6.7%
Fried Chicken	$1.54	$1.41	9.2%
Milk	$1.79	$2.06	13.4%
Potatoes	$2.00	$2.98	33.0%
Pizza	$11.44	$9.47	20.8%
Beer	$7.56	$8.79	14.0%

Health Care

Item	Elk Mound	National avg.	Difference
Optometrist	$115.00	$101.04	13.8%
Doctor	$149.69	$107.44	39.3%
Dentist	$88.62	$90.42	2.0%
Ibuprofen	$8.82	$9.28	5.0%
Lipitor	$447.40	$426.50	4.9%

Housing

Item	Elk Mound	National avg.	Difference
Home Price	$120,000.00	$175,700.00	31.7%
Avg. Mortgage Payment	$910.06	$1,133.23	19.7%
Apartment Rent	$744.00	$920.00	19.1%

Transportation

Item	Elk Mound	National avg.	Difference
Gasoline	$2.01	$1.99	0.8%
Tire Balancing	$59.00	$45.76	28.9%

Utilities

Item	Elk Mound	National avg.	Difference
All Electricity	$167.94	$163.81	2.5%
Phone	$23.33	$28.39	17.8%

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, State	Population	Cost of Living Index	National Avg.
Downsville, WI	129	85	-15%
Wheeler, WI	340	87	-13%
Colfax, WI	1,135	89	-11%
Chippewa Falls, WI	13,803	91	-9%
Menomonie, WI	16,219	94	-6%
Elk Mound, WI	981	92	-8%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Plainfield, WI	981	83	-17%
Pound, VA	981	88	-12%
Terrytown, NE	981	79	-21%
Preston, IA	981	86	-14%
Martin, SD	981	78	-22%
Elk Mound, WI	981	92	-8%

Source: The Elk Mound, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Elk Mound, WI Cost of Living