Zip 54022 (River Falls, WI) Cost of Living


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How much do I need to live in River Falls, Wisconsin?
$5,520 / month
for a family, 2.2% more expensive than the national average A total of $66,240 for the year for a family.
$3,333 / month
for a single person, 30.1% less expensive than the national average A total of $40,000 for the year for a single person.

River Falls cost of living score
97.2
Less expensive
2.8% lower
than the US average
8.1% higher
than the Wisconsin average
River Falls (zip 54022), Wisconsin gets a BestPlaces Cost of Living score of 97.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.8% lower than the U.S. average and 8.1% lower than the average for Wisconsin.

Zip 54022 (River Falls, WI)

Housing costs in River Falls?
A typical home costs $345,000, which is 2.0% more expensive than the national average of $338,100 and 41.3% more expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in River Falls costs $1,220 per month, which is 18.4% more than the national average of $1,030 and 14.8% cheaper than the state average of $1,400.

Can I afford River Falls?
To live comfortably in River Falls (zip 54022), Wisconsin, a minimum annual income of $66,240 for a family, and $40,000 for a single person is recommended.

What does A.I. say about River Falls?
Living in 54022 River Falls, WI is quite affordable. The cost of living index is below the US average, making it a good option for those on a budget. The median home price is around $150,000, which is substantially lower than many other cities in the United States. Additionally, the average transportation costs are lower than average as well. Other common expenses such as food and energy costs are also below average in comparison to other places across America. All in all, living in 54022 River Falls, WI can be an ideal choice for those looking for an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRiver FallsWisconsinUnited States
    Unlock89.9100.0
  100.3  Unlock100.0
    Unlock98.9100.0
  100.5  Unlock100.0
    Unlock$244,100$338,100
  101.0  Unlock100.0
    Unlock86.9100.0
  125.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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