Cost Of Living in Sheboygan Falls, WI

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6%

Overall NAT. AVG.

4%

Goods & Services NAT. AVG.

20%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Sheboygan Falls	Wisconsin	National
Cost of living	94	96	100
Goods & Services	96	97	100
Groceries	99	99	100
Health care	114	112	100
Housing	80	88	100
Transportation	100	98	100
Utilities	105	102	100

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Cost Of Living Quick Facts

The cost of living in Sheboygan Falls is 2% lower than the Wisconsin average
The cost of living in Sheboygan Falls is 6% lower than the national average
Sheboygan Falls housing is 20% lower 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
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$69,792	$5,816	$1,628	$2,094
Renters	$39,375	$3,281	$919	$1,181

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Sheboygan Falls, WI, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Sheboygan Falls, homeowners have a median income of $69,792. Using that number, a maximum of $1,628 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $39,375, which means there is a maximum of $919 to be spent on the costs of renting a home or apartment.

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%

Goods & Services

Item	Sheboygan Falls	National avg.	Difference
Haircut	$22.50	$24.26	7.3%
Beauty Salon	$28.50	$45.56	37.4%
Toothpaste	$3.72	$3.70	0.5%
Shampoo	$1.20	$1.28	6.6%
Movie	$8.75	$12.13	27.9%
Bowling	$12.11	$18.00	32.7%

Groceries

Item	Sheboygan Falls	National avg.	Difference
Ground Beef	$5.64	$5.84	3.5%
Fried Chicken	$1.43	$1.57	9.1%
Milk	$4.72	$4.67	1.0%
Potatoes	$4.45	$4.93	9.8%
Pizza	$10.22	$12.09	15.4%
Beer	$8.71	$10.41	16.3%

Health Care

Item	Sheboygan Falls	National avg.	Difference
Optometrist	$121.64	$125.68	3.2%
Doctor	$216.44	$135.78	59.4%
Dentist	$102.10	$113.29	9.9%
Ibuprofen	$10.42	$10.65	2.2%
Lipitor	$499.62	$468.60	6.6%

Housing

Item	Sheboygan Falls	National avg.	Difference
Home Price	$145,400.00	$184,700.00	21.3%
Avg. Mortgage Payment	$1,582.08	$2,346.69	32.6%
Apartment Rent	$781.00	$949.00	17.7%

Transportation

Item	Sheboygan Falls	National avg.	Difference
Gasoline	$3.26	$3.46	5.9%
Tire Balancing	$69.15	$59.92	15.4%

Utilities

Item	Sheboygan Falls	National avg.	Difference
All Electricity	$212.47	$193.99	9.5%
Phone	$185.94	$192.25	3.3%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Sheboygan, WI	48,153	90	9.8%
Kiel, WI	3,610	91	8.8%
Glenbeulah, WI	422	92	7.8%
Cleveland, WI	1,753	93	7.4%
Adell, WI	541	93	7.2%
Sheboygan Falls, WI	7,898	94	6.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Seaford, DE	7,897	99	1.3%
McGregor, FL	7,899	122	21.8%
Flowery Branch, GA	7,896	112	11.7%
Jersey Village, TX	7,900	113	12.9%
Bridge City, TX	7,902	95	4.6%
Sheboygan Falls, WI	7,898	94	6.4%