| Index | Menomonie | Wisconsin | National |
| Cost of living | 95 | 96 | 100 |
| Groceries | 99 | 99 | 100 |
| Health care | 98 | 98 | 100 |
| Housing | 85 | 89 | 100 |
| Transportation | 101 | 98 | 100 |
| Utilities | 102 | 101 | 100 |
| Lifestyle & Entertainment | 100 | 98 | 100 |
| Household Items | 96 | 99 | 100 |
| Education & Childcare | 102 | 98 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Menomonie? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Menomonie stands at 95, making it 5% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Menomonie closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Menomonie can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Menomonie affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Menomonie, for instance, where the median home price falls 14.5% lower than the national average, and monthly rent rates are 16.4% lower than usual. Additionally, median income levels contribute to the equation, with Menomonie flaunting a median household income of $65,359, 19.6% lower than the national norm.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum 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 farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.
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 Menomonie, healthcare costs are 2% lower than the national average.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Menomonie, the utilities index registers at 2.2% higher than the national average.
The cost of living data for Menomonie shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| 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 | $112,672 | $9,389 | $2,629 | $3,380 |
| Renters | $45,070 | $3,756 | $1,052 | $1,352 |
| 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. |
| Knapp, WI | 658 | 89 | 10.7% |
| Wheeler, WI | 313 | 90 | 10.3% |
| Colfax, WI | 1,225 | 90 | 10.2% |
| Elk Mound, WI | 1,174 | 91 | 9.5% |
| Elmwood, WI | 627 | 91 | 9.4% |
| Menomonie, WI | 16,888 | 95 | 4.7% |
| City | Population | Cost of Living Index | National Avg. |
| Dyersburg, TN | 16,887 | 90 | 10.4% |
| Hillcrest Heights, MD | 16,890 | 113 | 13.3% |
| Beaver Dam, WI | 16,884 | 93 | 7.3% |
| Parkway, CA | 16,882 | 121 | 20.6% |
| Washington, IL | 16,894 | 100 | 0.0% |
| Menomonie, WI | 16,888 | 95 | 4.7% |
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