Rib Mountain 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.
IndexRib MountainWisconsinNational
Cost of living index9598100
IndexRib MountainWisconsinNational
Goods & Services index93100100
Groceries index95100100
Health care index109112100
Housing index9791100
Transportation index9799100
Utilities index91102100
A general summary of the cost of living index in Rib Mountain, WI is shown above. Compared to the state average of Wisconsin the cost of living index in Rib Mountain, WI is 95, which is 3% lower than the average in Wisconsin and compared to the national average it is 5% 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 Rib Mountain, WI goods and services come in at 7% lower than the average in Wisconsin and are 8% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Rib Mountain is 3% lower than the Wisconsin average.
  • The cost of living in Rib Mountain is 5% lower than the national average.
  • The cost of housing in Rib Mountain is 3% 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 Rib Mountain, WI Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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The salary calculator allows you to compare how much your current salary in Rib Mountain, 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 Rib Mountain, WI, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Rib Mountain, 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$69,866$5,822$1,630$2,096
Renters$68,458$5,705$1,597$2,054
If you want to find a good determining factor for the cost of living and the general affordability of housing in Rib Mountain, 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 Rib Mountain, WI, the median monthly income is $69,866 for those who own their own homes. Under the standard rule, that income level would allow for $1,630 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $68,458, per the median income in the area. That would allow for renters to spend up to $1,597 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 assessing the complete cost of living in Rib Mountain, 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

ItemRib MountainNational avg.Difference
Haircut $13.65$14.596.5%
Beauty Salon $28.33$34.6818.3%
Toothpaste $2.18$2.4711.9%
Shampoo $0.95$1.027.0%
Movie $9.00$9.878.8%
Bowling $3.25$4.3926.0%

Groceries

ItemRib MountainNational avg.Difference
Ground Beef $4.74$4.485.9%
Fried Chicken $1.36$1.467.1%
Milk $2.51$2.366.5%
Potatoes $2.52$3.0617.7%
Pizza $9.00$9.242.6%
Beer $7.64$8.6311.5%

Health Care

ItemRib MountainNational avg.Difference
Optometrist $115.00$99.7815.3%
Doctor $152.90$105.0345.6%
Dentist $81.60$88.708.0%
Ibuprofen $9.05$9.413.8%
Lipitor $282.82$298.505.3%

Housing

ItemRib MountainNational avg.Difference
Home Price $179,100.00$175,700.001.9%
Avg. Mortgage Payment $930.34$1,081.0313.9%
Apartment Rent $780.00$920.0015.2%

Transportation

ItemRib MountainNational avg.Difference
Gasoline $2.20$2.095.2%
Tire Balancing $33.00$45.2927.1%

Utilities

ItemRib MountainNational avg.Difference
All Electricity$144.02$170.8015.7%
Phone $28.16$28.260.3%
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.
Schofield, WI2,20486-14%
Wausau, WI39,20986-14%
Mosinee, WI4,00886-14%
Edgar, WI1,56187-13%
Rothschild, WI5,27989-11%
Rib Mountain, WI5,51295-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Algona, IA5,51382-18%
Alma, AR5,51488-12%
Lake Mohegan, NY5,51413838%
Brady, TX5,51581-19%
Hamlin, NY5,50897-3%
Rib Mountain, WI5,51295-5%
Source: The Rib Mountain, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.