Cost of living in Holmen 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 Holmen 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 Holmen is 100, with 100 being the average.
The cost of living index in Holmen is 1.0x lower than the national average.
Holmen ranks as the #102 cheapest in Wisconsin out of 143.
Holmen ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Holmen is $216,600.
The median income in Holmen is $73,821.
According to the most recent data on the cost of living, Holmen has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Wisconsin, Holmen has a cost of living index that's 1.1x higher than Wisconsin's index of 95.
The standard of living in Holmen ranks as #102 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Holmen ranks as the #41 most expensive place in the Badger State.
For more reading on life in Holmen, check out:
Six factors go into calculating the cost of living index in Holmen. Here is how it fairs on each of the criteria:
The Services index in Holmen is 100.
The Groceries index in Holmen is 96.
The Health index in Holmen is 109.
The Housing index in Holmen is 91.
The Transportation index in Holmen is 104.
The Utilities index in Holmen is 106.
Living Expense | Holmen | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 100 | 95 | 100 | |
Services | 100 | 97 | 100 | |
Groceries | 96 | 98 | 100 | |
Health | 109 | 114 | 100 | |
Housing | 91 | 84 | 100 | |
Transportation | 104 | 96 | 100 | |
Utilities | 106 | 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 Holmen is $216,600.
The Median Rent in Holmen is $974.
The Median Income in Holmen is $73,821.
The Home Value To Income in Holmen is 2.9x.
The Rent To Monthly Income in Holmen is 0.16x.
Statistic | Holmen | Wisconsin | United States |
---|---|---|---|
Median Home Value | $216,600 | $200,400 | $244,900 |
Median Rent | $974 | $916 | $1,163 |
Median Income | $73,821 | $67,080 | $69,021 |
Home Value To Income | 2.9x | 3.0x | 3.5x |
Rent To Monthly Income | 0.16x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Holmen. Here's a quick look at the cost of living in the most populous nearby places:
La Crosse, WI has a cost of living index of 91, 0.9x Holmen.
Winona, MN has a cost of living index of 94, 0.9x Holmen.
Onalaska, WI has a cost of living index of 98, 1.0x Holmen.
City | Population | Cost Of Living | Vs. Holmen |
---|---|---|---|
La Crosse, WI | 52,505 | 91 | 0.9x |
Winona, MN | 26,199 | 94 | 0.9x |
Onalaska, WI | 18,760 | 98 | 1.0x |
Sparta, WI | 9,955 | 85 | 0.8x |
Tomah, WI | 9,515 | 87 | 0.9x |
La Crescent, MN | 5,333 | 96 | 1.0x |
West Salem, WI | 5,225 | 99 | 1.0x |