Cost of Living in Prescott, WI

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A+
2%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
7%
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 Prescott Wisconsin National
Cost of living10296100
Groceries10099100
Health care9998100
Housing10789100
Transportation9898100
Utilities104101100
Lifestyle & Entertainment9798100
Household Items10099100
Education & Childcare9798100
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Homes For Sale In Prescott, WI

property for sale

640 Albert St

Prescott, WI
property for sale

W10622 State Road 35

Prescott, WI
property for sale

Homes Available Soon Delta Queen AVE

Prescott, WI
property for sale

951 Washington St

Prescott, WI
See the Newest Homes For Sale In Prescott, WI

Cost Of Living Quick Facts

  • The cost of living in Prescott is 6% higher than the Wisconsin average
  • The cost of living in Prescott is 2% higher than the national average
  • Prescott housing is 7% 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

Most Affordable Places to Live in and Around Prescott

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      Salary Calculator

      This is how much you would need to earn in
      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$118,195$9,850$2,758$3,546
      Renters$0$0$0$0
      A good indicator of the general affordability of housing in Prescott, WI, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Prescott, the median monthly income is $118,195 for those who own their own homes. Under the standard rule, that income level would allow for $2,758 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $0, per the median income in the area. That would allow for renters to spend up to $0 on monthly rental expenses.

      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.
      Landfall, MN8197227.9%
      Hager City, WI277972.7%
      New Trier, MN87981.9%
      Red Wing, MN16,808991.1%
      St. Paul Park, MN5,5621011.2%
      Prescott, WI4,3641021.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Williamston, SC4,366919.2%
      Arabi, LA4,360963.9%
      Taylor, AZ4,3681044.4%
      Indian Rocks Beach, FL4,36814141.4%
      Elmira Heights, NY4,368937.2%
      Prescott, WI4,3641021.5%
      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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