| Index | Platteville | Wisconsin | National |
| Cost of living | 92 | 96 | 100 |
| Groceries | 98 | 99 | 100 |
| Health care | 96 | 98 | 100 |
| Housing | 84 | 89 | 100 |
| Transportation | 96 | 98 | 100 |
| Utilities | 93 | 101 | 100 |
| Lifestyle & Entertainment | 97 | 98 | 100 |
| Household Items | 97 | 99 | 100 |
| Education & Childcare | 89 | 98 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Platteville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Platteville stands at 92, making it 8% 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.
In Platteville, 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 Platteville will resemble that of an average city, contributing to a manageable cost of living.
Is Platteville 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 Platteville is 13.3% lower than the national average, while the average monthly rent prices are 21.3% lower than average. The affordability of any location can also be influenced by median income levels. Platteville has a median household income of $62,775, which is 22.8% lower than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Platteville, the transportation index stands at 3.7% lower than the national average.
Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Platteville, the prevailing sales tax rate starts at 5%, and income tax rates kick off at 3.54%.
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.
The cost of living data for Platteville 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 | $109,083 | $9,090 | $2,545 | $3,273 |
| Renters | $41,168 | $3,431 | $961 | $1,235 |
| 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. |
| Rewey, WI | 285 | 81 | 18.9% |
| Shullsburg, WI | 1,295 | 84 | 15.6% |
| Linden, WI | 640 | 85 | 15.3% |
| Benton, WI | 886 | 87 | 12.9% |
| Livingston, WI | 545 | 87 | 12.8% |
| Platteville, WI | 12,471 | 92 | 7.8% |
| City | Population | Cost of Living Index | National Avg. |
| Cloquet, MN | 12,471 | 97 | 3.2% |
| Amherst, OH | 12,470 | 93 | 7.0% |
| Lewisburg, TN | 12,475 | 90 | 10.3% |
| Durham, NH | 12,464 | 127 | 26.8% |
| North Merrick, NY | 12,464 | 160 | 59.8% |
| Platteville, WI | 12,471 | 92 | 7.8% |
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