Chippewa Falls, WI Cost Of Living
Cost Of Living In Chippewa Falls, WI Summary
Cost of living in Chippewa Falls 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 Chippewa Falls 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 Chippewa Falls is 92, with 100 being the average.
The cost of living index in Chippewa Falls is 0.9x lower than the national average.
Chippewa Falls ranks as the #49 cheapest in Wisconsin out of 143.
Chippewa Falls ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Chippewa Falls is $153,800.
The median income in Chippewa Falls is $54,315.
Table Of Contents
Chippewa Falls's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Chippewa Falls, WI?
According to the most recent data on the cost of living, Chippewa Falls has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Wisconsin, Chippewa Falls has a cost of living index that's 1.0x lower than Wisconsin's index of 95.
The standard of living in Chippewa Falls ranks as #49 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Chippewa Falls ranks as the #94 most expensive place in the Badger State.
For more reading on life in Chippewa Falls, check out:
- Living In Chippewa Falls
- Chippewa Falls Crime Report
- Search Homes For Sale In Chippewa Falls, WI
In Wisconsin
In America
Chippewa Falls Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Chippewa Falls. Here is how it fairs on each of the criteria:
The Services index in Chippewa Falls is 100.
The Groceries index in Chippewa Falls is 95.
The Health index in Chippewa Falls is 109.
The Housing index in Chippewa Falls is 69.
The Transportation index in Chippewa Falls is 104.
The Utilities index in Chippewa Falls is 106.
| Living Expense | Chippewa Falls | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 92 | 95 | 100 | |
| Services | 100 | 97 | 100 | |
| Groceries | 95 | 98 | 100 | |
| Health | 109 | 114 | 100 | |
| Housing | 69 | 84 | 100 | |
| Transportation | 104 | 96 | 100 | |
| Utilities | 106 | 103 | 100 | |
Chippewa Falls, WI Housing Cost Breakdown
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 Chippewa Falls is $153,800.
The Median Rent in Chippewa Falls is $853.
The Median Income in Chippewa Falls is $54,315.
The Home Value To Income in Chippewa Falls is 2.8x.
The Rent To Monthly Income in Chippewa Falls is 0.19x.
| Statistic | Chippewa Falls | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $153,800 | $200,400 | $244,900 |
| Median Rent | $853 | $916 | $1,163 |
| Median Income | $54,315 | $67,080 | $69,021 |
| Home Value To Income | 2.8x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
Chippewa Falls, WI Costs By Category
Detailed Chippewa Falls Services Costs Vs. Wisconsin
| Item | Chippewa Falls | Wisconsin |
|---|---|---|
| Shampoo | $1.15 | $1.06 |
| Movie | $8.13 | $10.68 |
| Bowling | $14.67 | $14.67 |
| Haircut | $18.29 | $18.62 |
| Beauty Salon | $36.11 | $39.05 |
Detailed Chippewa Falls Groceries Costs Vs. Wisconsin
| Item | Chippewa Falls | Wisconsin |
|---|---|---|
| Ground Beef | $3.82 | $4.22 |
| Fried Chicken | $1.73 | $1.39 |
| Milk | $1.75 | $2.05 |
| Potatoes | $2.42 | $3.29 |
| Pizza | $12.22 | $10.62 |
| Beer | $8.33 | $9.38 |
| Toothpaste | $2.71 | $2.34 |
Detailed Chippewa Falls Health Costs Vs. Wisconsin
| Item | Chippewa Falls | Wisconsin |
|---|---|---|
| Optometrist | $117.84 | $108.57 |
| Doctor | $170.77 | $116.17 |
| Dentist | $96.35 | $99.13 |
Detailed Chippewa Falls Transportation Costs Vs. Wisconsin
| Item | Chippewa Falls | Wisconsin |
|---|---|---|
| Gasoline | $2.16 | $2.22 |
| Tire Balancing | $56.15 | $50.07 |
Detailed Chippewa Falls Utilities Costs Vs. Wisconsin
| Item | Chippewa Falls | Wisconsin |
|---|---|---|
| All Electricity | $187.42 | $167.67 |
| Phone | $179.44 | $175.64 |
Chippewa Falls SnackAbility
/10
Cost Of Living In Cities Around Chippewa Falls
The cost of living varies in the cities and towns around Chippewa Falls. Here's a quick look at the cost of living in the most populous nearby places:
Eau Claire, WI has a cost of living index of 93, 1.0x Chippewa Falls.
Menomonie, WI has a cost of living index of 93, 1.0x Chippewa Falls.
Rice Lake, WI has a cost of living index of 91, 1.0x Chippewa Falls.
| City | Population | Cost Of Living | Vs. Chippewa Falls |
|---|---|---|---|
| Eau Claire, WI | 69,030 | 93 | 1.0x |
| Menomonie, WI | 16,721 | 93 | 1.0x |
| Rice Lake, WI | 8,851 | 91 | 1.0x |
| Altoona, WI | 8,244 | 96 | 1.0x |
| Lake Hallie, WI | 7,099 | 98 | 1.1x |
