Zip 53565 (Mineral Point, WI) Cost of Living


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How much do I need to live in Mineral Point, Wisconsin?
$4,050 / month
for a family, 25.0% less expensive than the national average A total of $48,600 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Mineral Point cost of living score
87.8
Less expensive
12.2% lower
than the US average
2.3% lower
than the Wisconsin average
Mineral Point (zip 53565), Wisconsin gets a BestPlaces Cost of Living score of 87.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.2% lower than the U.S. average and 2.3% higher than the average for Wisconsin.

Zip 53565 (Mineral Point, WI)

Housing costs in Mineral Point?
A typical home costs $254,000, which is 24.9% less expensive than the national average of $338,100 and 4.1% more expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Mineral Point costs $1,030 per month, which is 0.0% cheaper than the national average of $1,030 and 27.2% cheaper than the state average of $1,310.

Can I afford Mineral Point?
To live comfortably in Mineral Point (zip 53565), Wisconsin, a minimum annual income of $48,600 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Mineral Point?
The cost of living in 53565 Mineral Point, WI is generally more affordable than the national average. According to Sperling's Best Places, the overall cost of living index for Mineral Point is 74, which is lower than the national average of 100. The median home price in Mineral Point is $115,500 and the median rent for a two-bedroom apartment is $724 per month. In addition, groceries, utilities, and health care are all significantly cheaper than they are in some other parts of the country. Overall, Mineral Point offers an excellent quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMineral PointWisconsinUnited States
    Unlock89.9100.0
  93.6  Unlock100.0
    Unlock98.9100.0
  61.3  Unlock100.0
    Unlock$244,100$338,100
  97.6  Unlock100.0
    Unlock86.9100.0
  115.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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