| Index | Holmen | Wisconsin | National |
| Cost of living | 102 | 96 | 100 |
| Groceries | 100 | 99 | 100 |
| Health care | 99 | 98 | 100 |
| Housing | 107 | 89 | 100 |
| Transportation | 95 | 98 | 100 |
| Utilities | 104 | 101 | 100 |
| Lifestyle & Entertainment | 101 | 98 | 100 |
| Household Items | 100 | 99 | 100 |
| Education & Childcare | 96 | 98 | 100 |
Understanding the cost of living in Holmen can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Holmen cost of living index is 102, which is 2% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
In Holmen, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Holmen will resemble that of an average city, contributing to a manageable cost of living.
Is Holmen an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Holmen is 10.8% higher than the national average, while the average monthly rent prices are 1.4% lower than average. The affordability of any location can also be influenced by median income levels. Holmen has a median household income of $102,754, which is 26.3% higher than the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Holmen, healthcare costs are 0.8% lower than the national average.
Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Holmen, the baseline sales tax rate begins at 5%, and income tax rates start at 3.54%.
The Holmen cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $134,392 | $11,199 | $3,136 | $4,032 |
| Renters | $60,630 | $5,053 | $1,415 | $1,819 |
| State | General Sales Tax | With Max Surtax |
| Wisconsin | 5% | 6.75% |
| State | Income Tax (Low) | Income Tax (High) |
| Wisconsin | 3.54% | 7.65% |
| City | Population | Cost of Living Index | National Avg. |
| Dodge, WI | 145 | 86 | 14.1% |
| Houston, MN | 1,012 | 88 | 11.5% |
| Ettrick, WI | 668 | 88 | 11.5% |
| Hokah, MN | 613 | 91 | 8.9% |
| Melrose, WI | 486 | 91 | 8.6% |
| Holmen, WI | 10,291 | 102 | 1.7% |
| City | Population | Cost of Living Index | National Avg. |
| Cedartown, GA | 10,305 | 89 | 11.3% |
| Cypress Gardens, FL | 10,306 | 106 | 5.7% |
| Berwick, PA | 10,274 | 88 | 12.2% |
| Blacklick Estates, OH | 10,313 | 91 | 9.4% |
| Linganore, MD | 10,268 | 141 | 40.7% |
| Holmen, WI | 10,291 | 102 | 1.7% |
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