Cost of living in Ashland research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Ashland is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Wisconsin, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Ashland is 91, with 100 being the average.
The cost of living index in Ashland is 0.9x lower than the national average.
Ashland ranks as the #39 cheapest in Wisconsin out of 143.
Ashland ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Ashland is $112,200.
The median income in Ashland is $50,053.
According to the most recent data on the cost of living, Ashland has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Wisconsin, Ashland has a cost of living index that's 1.0x lower than Wisconsin's index of 95.
The standard of living in Ashland ranks as #39 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Ashland ranks as the #104 most expensive place in the Badger State.
For more reading on life in Ashland, check out:
Six factors go into calculating the cost of living index in Ashland. Here is how it fairs on each of the criteria:
The Services index in Ashland is 103.
The Groceries index in Ashland is 97.
The Health index in Ashland is 113.
The Housing index in Ashland is 64.
The Transportation index in Ashland is 103.
The Utilities index in Ashland is 107.
Living Expense | Ashland | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 91 | 95 | 100 | |
Services | 103 | 97 | 100 | |
Groceries | 97 | 98 | 100 | |
Health | 113 | 114 | 100 | |
Housing | 64 | 84 | 100 | |
Transportation | 103 | 96 | 100 | |
Utilities | 107 | 103 | 100 |
Housing swings affordability the most between places in Wisconsin, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Ashland is $112,200.
The Median Rent in Ashland is $671.
The Median Income in Ashland is $50,053.
The Home Value To Income in Ashland is 2.2x.
The Rent To Monthly Income in Ashland is 0.16x.
Statistic | Ashland | Wisconsin | United States |
---|---|---|---|
Median Home Value | $112,200 | $200,400 | $244,900 |
Median Rent | $671 | $916 | $1,163 |
Median Income | $50,053 | $67,080 | $69,021 |
Home Value To Income | 2.2x | 3.0x | 3.5x |
Rent To Monthly Income | 0.16x | 0.16x | 0.2x |