Wind 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.
IndexWind LakeWisconsinNational
Cost of living index11198100
IndexWind LakeWisconsinNational
Goods & Services index97100100
Groceries index103100100
Health care index115112100
Housing index13591100
Transportation index8999100
Utilities index110102100
Displayed above is a general overview of the Wind Lake, WI cost of living index. The overall cost of living index in Wind Lake, WI is 111, which is 13% higher than the Wisconsin average and 11% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Wind Lake, WI are 3% lower than the Wisconsin average and 3% lower than the national average.

Did you know?

  • The cost of living in Wind Lake is 13% higher than the Wisconsin average.
  • The cost of living in Wind Lake is 11% higher than the national average.
  • The cost of housing in Wind Lake is 35% 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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Salary Calculator

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The salary calculator is meant to help you compare your salary in Wind Lake, WI to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Wind Lake, WI, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Wind Lake, WI salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$90,332$7,528$2,108$2,710
Renters$51,324$4,277$1,197$1,540
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Wind Lake, WI as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Wind Lake, WI homeowners, is $90,332. This would allow for a maximum of $2,108 per month to be spent on housing costs. For renters, the median monthly income is $51,324 which would result in a maximum of $1,197 to be spent on rental costs.

Wisconsin Sales Tax

StateGeneral Sales TaxWith Max Surtax
Wisconsin5%5.6%

Wisconsin Income Tax

StateIncome Tax (Low)Income Tax (High)
Wisconsin4.4%7.65%
For those who live in Wind Lake, WI and want to know what the true cost of living is, they ought to look at both the Wisconsin income tax rate and the Wisconsin sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Wisconsin, the sales tax is 5%, while the most you'll pay in surtax is 5.6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Wisconsin, the income tax rate ranges between 4.4% to 7.65%.

Goods & Services

ItemWind LakeNational 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

ItemWind LakeNational 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

ItemWind LakeNational 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

ItemWind LakeNational avg.Difference
Home Price $248,800.00$175,700.0041.6%
Avg. Mortgage Payment $1,141.54$1,081.035.6%
Apartment Rent $1,101.00$920.0019.7%

Transportation

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

Utilities

ItemWind LakeNational 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.
Milwaukee, WI598,07892-8%
West Milwaukee, WI4,21493-7%
West Allis, WI60,59595-5%
St. Francis, WI9,48895-5%
Cudahy, WI18,32196-4%
Wind Lake, WI5,34711111%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Englewood Cliffs, NJ5,346233133%
Waterford, WI5,3461011%
Hartsdale, NY5,34613636%
New Castle, DE5,34611010%
Ripley, MS5,34978-22%
Wind Lake, WI5,34711111%
Source: The Wind 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.