Spencer, WI Cost of Living


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Spencer cost of living score
84.7
Less expensive
15.3% lower
than the US average
5.8% lower
than the Wisconsin average
Spencer, Wisconsin gets a BestPlaces Cost of Living score of 84.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.3% lower than the U.S. average and 5.8% higher than the average for Wisconsin.

Spencer, WI

Housing costs in Spencer?
A typical home costs $136,000, which is 59.8% less expensive than the national average of $338,100 and 44.3% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Spencer costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 13.2% cheaper than the state average of $1,030.

Can I afford Spencer?
To live comfortably in Spencer, Wisconsin, a minimum annual income of $25,920 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Spencer?
Spencer village, WI is known for having an affordable cost of living. Its low housing costs and lower-than-average taxes make it a great place to live for those interested in saving money. The average home price in Spencer village is around $150,000 – significantly lower than the national average of $225,000. Additionally, taxes are relatively low in the area compared to other parts of Wisconsin, making it much more affordable to own property and run a business. All of this adds up to make Spencer village an excellent place to live for those looking for a high quality of life at an affordable price.
   Cost of living score
     CategoriesSpencerWisconsinUnited States
  84.789.9100.0
  91.794.7100
  105.098.9100.0
  45.479.3100.0
  $136,000$244,100$338,100
  95.1%99.0%100.0%
  80.186.9100.0
  116.1106.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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