Oconto 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.
IndexOcontoWisconsinNational
Cost of living index8698100
IndexOcontoWisconsinNational
Goods & Services index97100100
Groceries index91100100
Health care index107112100
Housing index5691100
Transportation index10399100
Utilities index111102100
A general overview of the cost of living index for Oconto, WI is displayed above. In Oconto, WI, the overall cost of living index is 86, which is 12% lower than the Wisconsin average and 14% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Oconto, WI, the city's goods and services are 3% lower than the Wisconsin average and 3% lower than the U.S. average.

Did you know?

  • The cost of living in Oconto is 12% lower than the Wisconsin average.
  • The cost of living in Oconto is 14% lower than the national average.
  • The cost of housing in Oconto is 44% 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 Oconto, WI Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Oconto, WI to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Oconto, WI, then you would need to earn more income in order to maintain the same standard of living. To use the Oconto, WI salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,063$4,589$1,285$1,652
Renters$24,306$2,026$567$729
If you want to find a good determining factor for the cost of living and the general affordability of housing in Oconto, WI, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Oconto, WI, the median monthly income is $55,063 for those who own their own homes. Under the standard rule, that income level would allow for $1,285 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $24,306, per the median income in the area. That would allow for renters to spend up to $567 on monthly rental expenses.

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 Oconto, 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

ItemOcontoNational avg.Difference
Haircut $10.00$14.5931.5%
Beauty Salon $25.38$34.6826.8%
Toothpaste $1.86$2.4724.8%
Shampoo $0.81$1.0220.7%
Movie $10.00$9.871.3%
Bowling $2.60$4.3940.8%

Groceries

ItemOcontoNational avg.Difference
Ground Beef $4.26$4.484.8%
Fried Chicken $1.57$1.467.2%
Milk $2.32$2.361.6%
Potatoes $1.83$3.0640.2%
Pizza $9.00$9.242.6%
Beer $7.41$8.6314.2%

Health Care

ItemOcontoNational avg.Difference
Optometrist $61.25$99.7838.6%
Doctor $138.88$105.0332.2%
Dentist $85.52$88.703.6%
Ibuprofen $9.22$9.412.0%
Lipitor $320.38$298.507.3%

Housing

ItemOcontoNational avg.Difference
Home Price $90,400.00$175,700.0048.5%
Avg. Mortgage Payment $907.91$1,081.0316.0%
Apartment Rent $607.00$920.0034.0%

Transportation

ItemOcontoNational avg.Difference
Gasoline $2.01$2.093.9%
Tire Balancing $56.00$45.2923.7%

Utilities

ItemOcontoNational avg.Difference
All Electricity$169.27$170.800.9%
Phone $35.98$28.2627.3%
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.
Pound, WI48484-16%
Marinette, WI10,89085-15%
Coleman, WI69787-13%
Lena, WI48887-13%
Peshtigo, WI3,48187-13%
Oconto, WI4,51086-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Big Pine Key, FL4,51112525%
West Bradenton, FL4,5111044%
Ottawa Hills, OH4,5081099%
Dallas, NC4,50891-9%
Mayfair, CA4,51297-3%
Oconto, WI4,51086-14%
Source: The Oconto, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.