Cost of living in Reedsburg 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 Reedsburg 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 Reedsburg is 98, with 100 being the average.
The cost of living index in Reedsburg is 1.0x lower than the national average.
Reedsburg ranks as the #89 cheapest in Wisconsin out of 143.
Reedsburg ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Reedsburg is $167,100.
The median income in Reedsburg is $56,080.
According to the most recent data on the cost of living, Reedsburg has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Wisconsin, Reedsburg has a cost of living index that's 1.0x higher than Wisconsin's index of 95.
The standard of living in Reedsburg ranks as #89 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Reedsburg ranks as the #54 most expensive place in the Badger State.
For more reading on life in Reedsburg, check out:
Six factors go into calculating the cost of living index in Reedsburg. Here is how it fairs on each of the criteria:
The Services index in Reedsburg is 108.
The Groceries index in Reedsburg is 110.
The Health index in Reedsburg is 125.
The Housing index in Reedsburg is 71.
The Transportation index in Reedsburg is 104.
The Utilities index in Reedsburg is 101.
Living Expense | Reedsburg | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 98 | 95 | 100 | |
Services | 108 | 97 | 100 | |
Groceries | 110 | 98 | 100 | |
Health | 125 | 114 | 100 | |
Housing | 71 | 84 | 100 | |
Transportation | 104 | 96 | 100 | |
Utilities | 101 | 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 Reedsburg is $167,100.
The Median Rent in Reedsburg is $808.
The Median Income in Reedsburg is $56,080.
The Home Value To Income in Reedsburg is 3.0x.
The Rent To Monthly Income in Reedsburg is 0.17x.
Statistic | Reedsburg | Wisconsin | United States |
---|---|---|---|
Median Home Value | $167,100 | $200,400 | $244,900 |
Median Rent | $808 | $916 | $1,163 |
Median Income | $56,080 | $67,080 | $69,021 |
Home Value To Income | 3.0x | 3.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Reedsburg. Here's a quick look at the cost of living in the most populous nearby places:
Madison, WI has a cost of living index of 109, 1.1x Reedsburg.
Sun Prairie, WI has a cost of living index of 108, 1.1x Reedsburg.
Fitchburg, WI has a cost of living index of 115, 1.2x Reedsburg.
City | Population | Cost Of Living | Vs. Reedsburg |
---|---|---|---|
Madison, WI | 265,447 | 109 | 1.1x |
Sun Prairie, WI | 35,528 | 108 | 1.1x |
Fitchburg, WI | 29,361 | 115 | 1.2x |
Middleton, WI | 21,634 | 118 | 1.2x |
Waunakee, WI | 14,679 | 119 | 1.2x |
Verona, WI | 13,798 | 116 | 1.2x |
DeForest, WI | 10,700 | 104 | 1.1x |
Monona, WI | 8,560 | 110 | 1.1x |
Mount Horeb, WI | 7,727 | 110 | 1.1x |