Zip 54121 (Florence, WI) Cost of Living


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How much do I need to live in Florence, Wisconsin?
$2,370 / month
for a family, 56.1% less expensive than the national average A total of $28,440 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Florence cost of living score
80.2
Less expensive
19.8% lower
than the US average
10.8% lower
than the Wisconsin average
Florence (zip 54121), Wisconsin gets a BestPlaces Cost of Living score of 80.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 19.8% lower than the U.S. average and 10.8% higher than the average for Wisconsin.

Zip 54121 (Florence, WI)

Housing costs in Florence?
A typical home costs $149,100, which is 55.9% less expensive than the national average of $338,100 and 38.9% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Florence costs $1,040 per month, which is 27.3% cheaper than the national average of $1,430 and close to the state average of $1,030.

Can I afford Florence?
To live comfortably in Florence (zip 54121), Wisconsin, a minimum annual income of $28,440 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Florence?
The cost of living in 54121 Florence, WI is relatively low compared to other parts of the country. The median home value is $100,400 and the median rent price for a two bedroom apartment is $724. The overall cost of goods and services in the area is 6% lower than the US average, making it an attractive place for those on a budget. Utility costs are below national averages as well, with residents paying 8% less than the national average for electricity and 10% less for natural gas. With low taxes and several housing options, Florence is an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFlorenceWisconsinUnited States
    Unlock89.9100.0
  93.4  Unlock100.0
    Unlock98.9100.0
  58.2  Unlock100.0
    Unlock$244,100$338,100
  98.6  Unlock100.0
    Unlock86.9100.0
  96.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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