Cost of Living in Florence, WI

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22%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
70%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Florence Wisconsin National
Cost of living7896100
Groceries9799100
Health care9998100
Housing3089100
Transportation10098100
Utilities99101100
Lifestyle & Entertainment9798100
Household Items10099100
Education & Childcare9698100
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Homes For Sale In Florence, WI

property for sale

965 Harrison Ln

Florence, WI
property for sale

5179 Ironwood Dr

Florence, WI
property for sale

3787 Lake Ellwood Rd

Florence, WI
property for sale

634 Florence Ave

Florence, WI

Cost Of Living Quick Facts

  • The cost of living in Florence is 19% lower than the Wisconsin average
  • The cost of living in Florence is 22% lower than the national average
  • Florence housing is 70% lower than the national average
  • Wisconsin general sales tax is 2% lower than the national average
  • Wisconsin state income tax is 36% higher than the national average

Most Affordable Places to Live in and Around Florence

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Compare Florence, WI Cost of Living

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      Utilities index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$56,734$4,728$1,324$1,702
      Renters$23,870$1,989$557$716

      Wisconsin Sales Tax

      State General Sales Tax With Max Surtax
      Wisconsin 5% 6.75%

      Wisconsin Income Tax

      State Income Tax (Low) Income Tax (High)
      Wisconsin 3.54% 7.65%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Alpha, MI1967722.5%
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      Niagara, WI1,5198515.4%
      Kingsford, MI5,1568614.4%
      Iron Mountain, MI7,5178614.3%
      Florence, WI4407822.1%

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      Bootjack, CA44012727.2%
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      Natoma, KS4407623.9%
      Kingsley, KY4401098.9%
      Florence, WI4407822.1%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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