Cost Of Living in Oconomowoc Lake, WI

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F

139%

Overall NAT. AVG.

0%

Groceries NAT. AVG.

470%

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	Oconomowoc Lake	Wisconsin	National
Cost of living	239	96	100
Groceries	100	99	100
Health care	97	98	100
Housing	570	89	100
Transportation	94	98	100
Utilities	101	101	100
Lifestyle & Entertainment	95	98	100
Household Items	101	99	100
Education & Childcare	94	98	100

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Cost Of Living Quick Facts

The cost of living in Oconomowoc Lake is 150% higher than the Wisconsin average
The cost of living in Oconomowoc Lake is 139% higher than the national average
Oconomowoc Lake housing is 470% higher 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

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$369,276	$30,773	$8,616	$11,079
Renters	$0	$0	$0	$0

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.
Clyman, WI	364	89	10.9%
Neosho, WI	660	94	5.9%
Lannon, WI	1,221	94	6.0%
Watertown, WI	24,039	95	4.6%
Helenville, WI	252	97	3.4%
Oconomowoc Lake, WI	637	239	139.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Pimaco Two, AZ	637	98	1.9%
Mermentau, LA	637	78	21.7%
Lidgerwood, ND	637	81	19.2%
Harrisville, NY	637	92	8.2%
Sharon Springs, NY	637	100	0.1%
Oconomowoc Lake, WI	637	239	139.4%