Elkhart Lake 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.
IndexElkhart LakeWisconsinNational
Cost of living index10098100
IndexElkhart LakeWisconsinNational
Goods & Services index102100100
Groceries index106100100
Health care index113112100
Housing index9291100
Transportation index9899100
Utilities index108102100

Did you know?

  • The cost of living in Elkhart Lake is 2% higher than the Wisconsin average.
  • The cost of living in Elkhart Lake is equal to the national average.
  • The cost of housing in Elkhart Lake is 8% 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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Compare Elkhart Lake, WI Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$64,018$5,335$1,494$1,921
Renters$35,278$2,940$823$1,058

Wisconsin Sales Tax

StateGeneral Sales TaxWith Max Surtax
Wisconsin5%5.6%

Wisconsin Income Tax

StateIncome Tax (Low)Income Tax (High)
Wisconsin4.4%7.65%

Goods & Services

ItemElkhart LakeNational avg.Difference
Haircut $14.80$14.591.4%
Beauty Salon $27.80$34.6819.8%
Toothpaste $3.05$2.4723.3%
Shampoo $1.49$1.0245.8%
Movie $7.75$9.8721.5%
Bowling $3.50$4.3920.3%

Groceries

ItemElkhart LakeNational avg.Difference
Ground Beef $4.42$4.481.3%
Fried Chicken $1.94$1.4632.5%
Milk $2.97$2.3626.0%
Potatoes $2.64$3.0613.8%
Pizza $9.00$9.242.6%
Beer $7.76$8.6310.1%

Health Care

ItemElkhart LakeNational avg.Difference
Optometrist $71.00$99.7828.8%
Doctor $170.00$105.0361.9%
Dentist $81.60$88.708.0%
Ibuprofen $9.43$9.410.2%
Lipitor $310.90$298.504.2%

Housing

ItemElkhart LakeNational avg.Difference
Home Price $184,200.00$175,700.004.8%
Avg. Mortgage Payment $863.16$1,081.0320.2%
Apartment Rent $570.00$920.0038.0%

Transportation

ItemElkhart LakeNational avg.Difference
Gasoline $2.00$2.094.4%
Tire Balancing $47.33$45.294.5%

Utilities

ItemElkhart LakeNational avg.Difference
All Electricity$191.70$170.8012.2%
Phone $28.78$28.261.9%
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.
Sheboygan, WI48,91892-8%
New Holstein, WI3,22392-8%
St. Nazianz, WI73292-8%
Kiel, WI3,75793-7%
Glenbeulah, WI44293-7%
Elkhart Lake, WI9611000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cheyenne, OK96180-20%
Perry, KS96187-13%
Omaha, TX96186-14%
Cotton Valley, LA96176-24%
Avonmore, PA96187-13%
Elkhart Lake, WI9611000%
Source: The Elkhart Lake, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.