Menomonie 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.
IndexMenomonieWisconsinNational
Cost of living index9998100
IndexMenomonieWisconsinNational
Goods & Services index112100100
Groceries index107100100
Health care index110112100
Housing index7991100
Transportation index10499100
Utilities index92102100
A general summary of the cost of living index in Menomonie, WI is shown above. Compared to the state average of Wisconsin the cost of living index in Menomonie, WI is 99, which is 1% higher than the average in Wisconsin and compared to the national average it is 1% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Menomonie, WI goods and services come in at 12% higher than the average in Wisconsin and are 12% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Menomonie is 1% higher than the Wisconsin average.
  • The cost of living in Menomonie is 1% lower than the national average.
  • The cost of housing in Menomonie is 21% 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

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The salary calculator allows you to compare how much your current salary in Menomonie, 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 Menomonie, WI, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Menomonie, 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$58,792$4,899$1,372$1,764
Renters$27,462$2,289$641$824
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Menomonie, WI, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Menomonie, WI has a median income of about $58,792 for people who own homes. Based on that number, a person should spend a maximum of $1,372 on expenses related to housing. Renters have a slightly different median income, which is $27,462. Based on this average, renters should spend no more than $641 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Wisconsin Sales Tax

StateGeneral Sales TaxWith Max Surtax
Wisconsin5%5.6%

Wisconsin Income Tax

StateIncome Tax (Low)Income Tax (High)
Wisconsin4.4%7.65%
The Wisconsin sales tax and Wisconsin income tax rates should definitely be considered when determining the overall cost of living in Menomonie, WI. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Wisconsin sales tax is 5% and the maximum surtax is 5.6%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Wisconsin income tax rates range from 4.4% to 7.65%.

Goods & Services

ItemMenomonieNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $31.40$34.689.5%
Toothpaste $3.66$2.4748.0%
Shampoo $1.06$1.023.7%
Movie $9.25$9.876.3%
Bowling $6.00$4.3936.6%

Groceries

ItemMenomonieNational avg.Difference
Ground Beef $4.38$4.482.2%
Fried Chicken $1.67$1.4614.1%
Milk $2.54$2.367.8%
Potatoes $2.25$3.0626.5%
Pizza $11.00$9.2419.0%
Beer $8.24$8.634.6%

Health Care

ItemMenomonieNational avg.Difference
Optometrist $121.33$99.7821.6%
Doctor $146.30$105.0339.3%
Dentist $84.40$88.704.8%
Ibuprofen $9.56$9.411.6%
Lipitor $300.89$298.500.8%

Housing

ItemMenomonieNational avg.Difference
Home Price $139,400.00$175,700.0020.7%
Avg. Mortgage Payment $839.64$1,081.0322.3%
Apartment Rent $716.00$920.0022.2%

Transportation

ItemMenomonieNational avg.Difference
Gasoline $2.14$2.092.4%
Tire Balancing $49.65$45.299.6%

Utilities

ItemMenomonieNational avg.Difference
All Electricity$184.37$170.807.9%
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.
Downsville, WI12989-11%
Knapp, WI45890-10%
Elmwood, WI95791-9%
Wheeler, WI34091-9%
Boyceville, WI1,02092-8%
Menomonie, WI16,21999-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sudley, VA16,22111111%
Rutland, VT16,2171055%
Great Falls, VA16,207208108%
Hermitage, PA16,23784-16%
Dublin, GA16,20084-16%
Menomonie, WI16,21999-1%
Source: The Menomonie, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.