Zip 54730 (Colfax, WI) Cost of Living


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Colfax cost of living score
86.2
Less expensive
13.8% lower
than the US average
4.1% lower
than the Wisconsin average
Colfax (zip 54730), Wisconsin gets a BestPlaces Cost of Living score of 86.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.8% lower than the U.S. average and 4.1% higher than the average for Wisconsin.

Zip 54730 (Colfax, WI)

Housing costs in Colfax?
A typical home costs $240,500, which is 28.9% less expensive than the national average of $338,100 and 1.5% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Colfax costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 24.1% cheaper than the state average of $1,030.

Can I afford Colfax?
To live comfortably in Colfax (zip 54730), Wisconsin, a minimum annual income of $46,080 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Colfax?
The cost of living in 54730 Colfax, WI is quite reasonable compared to other areas. The median home price is around $95,000, with the median rent costing just over $600 per month. This makes it an affordable option for those looking for an affordable small town lifestyle. In addition, there are few taxes to worry about and utility costs are relatively low compared to other parts of Wisconsin. Overall, Colfax provides a great balance between affordability and quality of life that make it a great place to live!
   Cost of living score
     CategoriesColfaxWisconsinUnited States
  86.289.9100.0
  95.994.7100
  123.198.9100.0
  64.479.3100.0
  $240,500$244,100$338,100
  98.6%99.0%100.0%
  82.986.9100.0
  111.0106.6100.0

   100=National Average

   Average Rent by Bedroom Size
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