Zip 54220 (Manitowoc, WI) Cost of Living


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Manitowoc cost of living score
75.4
Less expensive
24.6% lower
than the US average
16.1% lower
than the Wisconsin average
Manitowoc (zip 54220), Wisconsin gets a BestPlaces Cost of Living score of 75.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.6% lower than the U.S. average and 16.1% higher than the average for Wisconsin.

Zip 54220 (Manitowoc, WI)

Housing costs in Manitowoc?
A typical home costs $176,200, which is 47.9% less expensive than the national average of $338,100 and 27.8% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Manitowoc costs $810 per month, which is 21.4% cheaper than the national average of $1,030 and 2.5% cheaper than the state average of $830.

Can I afford Manitowoc?
To live comfortably in Manitowoc (zip 54220), Wisconsin, a minimum annual income of $33,840 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Manitowoc?
The cost of living in 54220 Manitowoc, WI is relatively low compared to the national average. The median home value is $132,600 which is substantially lower than the national median of $193,500. Additionally, the median household income in Manitowoc is $50,862 which is significantly lower than the national median of $61,937. Other major factors such as groceries and utilities are also generally more affordable in Manitowoc than they are nationally. All of these elements combine to give 54220 Manitowoc an attractive cost of living for those who are looking for an affordable place to live.
   Cost of living score
     CategoriesManitowocWisconsinUnited States
  75.489.9100.0
  90.994.7100
  92.098.9100.0
  49.379.3100.0
  $176,200$244,100$338,100
  85.7%99.0%100.0%
  65.686.9100.0
  104.2106.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime