Menomonie, WI Cost Of Living
Cost Of Living In Menomonie, WI Summary
Cost of living in Menomonie 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 Menomonie 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 Menomonie is 93, with 100 being the average.
The cost of living index in Menomonie is 0.9x lower than the national average.
Menomonie ranks as the #58 cheapest in Wisconsin out of 143.
Menomonie ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Menomonie is $161,900.
The median income in Menomonie is $47,684.
Table Of Contents
Menomonie's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Menomonie, WI?
According to the most recent data on the cost of living, Menomonie has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Wisconsin, Menomonie has a cost of living index that's 1.0x lower than Wisconsin's index of 95.
The standard of living in Menomonie ranks as #58 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Menomonie ranks as the #85 most expensive place in the Badger State.
For more reading on life in Menomonie, check out:
- Living In Menomonie
- Menomonie Crime Report
- Search Homes For Sale In Menomonie, WI
In Wisconsin
In America
Menomonie Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Menomonie. Here is how it fairs on each of the criteria:
The Services index in Menomonie is 103.
The Groceries index in Menomonie is 94.
The Health index in Menomonie is 109.
The Housing index in Menomonie is 73.
The Transportation index in Menomonie is 100.
The Utilities index in Menomonie is 107.
| Living Expense | Menomonie | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 93 | 95 | 100 | |
| Services | 103 | 97 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 109 | 114 | 100 | |
| Housing | 73 | 84 | 100 | |
| Transportation | 100 | 96 | 100 | |
| Utilities | 107 | 103 | 100 | |
Menomonie, 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 Menomonie is $161,900.
The Median Rent in Menomonie is $817.
The Median Income in Menomonie is $47,684.
The Home Value To Income in Menomonie is 3.4x.
The Rent To Monthly Income in Menomonie is 0.21x.
| Statistic | Menomonie | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $161,900 | $200,400 | $244,900 |
| Median Rent | $817 | $916 | $1,163 |
| Median Income | $47,684 | $67,080 | $69,021 |
| Home Value To Income | 3.4x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
Menomonie, WI Costs By Category
Detailed Menomonie Services Costs Vs. Wisconsin
Detailed Menomonie Groceries Costs Vs. Wisconsin
Detailed Menomonie Health Costs Vs. Wisconsin
Detailed Menomonie Transportation Costs Vs. Wisconsin
Detailed Menomonie Utilities Costs Vs. Wisconsin
Menomonie SnackAbility
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Cost Of Living In Cities Around Menomonie
The cost of living varies in the cities and towns around Menomonie. Here's a quick look at the cost of living in the most populous nearby places:
Woodbury, MN has a cost of living index of 122, 1.3x Menomonie.
Cottage Grove, MN has a cost of living index of 111, 1.2x Menomonie.
Hastings, MN has a cost of living index of 104, 1.1x Menomonie.
| City | Population | Cost Of Living | Vs. Menomonie |
|---|---|---|---|
| Woodbury, MN | 74,014 | 122 | 1.3x |
| Cottage Grove, MN | 38,582 | 111 | 1.2x |
| Hastings, MN | 22,063 | 104 | 1.1x |
| Stillwater, MN | 19,243 | 113 | 1.2x |
| River Falls, WI | 16,058 | 101 | 1.1x |
| Hudson, WI | 14,500 | 108 | 1.2x |
| Lake Elmo, MN | 11,237 | 125 | 1.3x |
| New Richmond, WI | 9,908 | 97 | 1.0x |
| Altoona, WI | 8,244 | 96 | 1.0x |
| Lake Hallie, WI | 7,099 | 98 | 1.1x |
