Tichigan 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.
IndexTichiganWisconsinNational
Cost of living index11298100
IndexTichiganWisconsinNational
Goods & Services index97100100
Groceries index103100100
Health care index115112100
Housing index13991100
Transportation index8999100
Utilities index110102100
A general overview of the cost of living index for Tichigan, WI is displayed above. In Tichigan, WI, the overall cost of living index is 112, which is 14% higher than the Wisconsin average and 12% higher 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 Tichigan, 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 Tichigan is 14% higher than the Wisconsin average.
  • The cost of living in Tichigan is 12% higher than the national average.
  • The cost of housing in Tichigan is 39% higher 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 Tichigan, WI Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Tichigan, 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 Tichigan, WI, then you would need to earn more income in order to maintain the same standard of living. To use the Tichigan, 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$82,530$6,878$1,926$2,476
Renters$50,375$4,198$1,175$1,511
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Tichigan, WI, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Tichigan, WI homeowners have a median income of $82,530. Using that number, you will come up with a maximum of $1,926 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $50,375, which means there is a maximum of $1,175 to be spent on the costs of renting a home or apartment.

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 Tichigan, 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

ItemTichiganNational avg.Difference
Haircut $15.99$14.599.6%
Beauty Salon $30.60$34.6811.8%
Toothpaste $2.51$2.471.5%
Shampoo $0.89$1.0212.9%
Movie $9.80$9.870.7%
Bowling $3.25$4.3926.0%

Groceries

ItemTichiganNational avg.Difference
Ground Beef $3.32$4.4825.8%
Fried Chicken $1.86$1.4627.0%
Milk $2.20$2.366.6%
Potatoes $2.35$3.0623.2%
Pizza $9.00$9.242.6%
Beer $7.97$8.637.7%

Health Care

ItemTichiganNational avg.Difference
Optometrist $52.40$99.7847.5%
Doctor $166.00$105.0358.0%
Dentist $91.60$88.703.3%
Ibuprofen $9.19$9.412.4%
Lipitor $315.77$298.505.8%

Housing

ItemTichiganNational avg.Difference
Home Price $259,600.00$175,700.0047.8%
Avg. Mortgage Payment $1,141.54$1,081.035.6%
Apartment Rent $1,085.00$920.0017.9%

Transportation

ItemTichiganNational avg.Difference
Gasoline $1.89$2.099.6%
Tire Balancing $37.95$45.2916.2%

Utilities

ItemTichiganNational avg.Difference
All Electricity$169.20$170.800.9%
Phone $35.25$28.2624.8%
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, StatePopulationCost of Living IndexNational Avg.
West Milwaukee, WI4,21493-7%
West Allis, WI60,59595-5%
Springfield, WI23598-2%
Eagle Lake, WI1,22998-2%
Bohners Lake, WI2,38999-1%
Tichigan, WI5,33211212%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Northfield, IL5,33216969%
Pecan Acres, TX5,33112222%
Silver Hill, MD5,3351055%
Berryville, AR5,32984-16%
Turtle Creek, PA5,33583-17%
Tichigan, WI5,33211212%
Source: The Tichigan, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.