Zip 54479 (Spencer, WI) Cost of Living


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How much do I need to live in Spencer, Wisconsin?
$2,730 / month
for a family, 49.4% less expensive than the national average A total of $32,760 for the year for a family.
$2,067 / month
for a single person, 56.6% less expensive than the national average A total of $24,800 for the year for a single person.

Spencer cost of living score
84.7
Less expensive
15.3% lower
than the US average
5.8% lower
than the Wisconsin average
Spencer (zip 54479), Wisconsin gets a BestPlaces Cost of Living score of 84.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.3% lower than the U.S. average and 5.8% higher than the average for Wisconsin.

Zip 54479 (Spencer, WI)

Housing costs in Spencer?
A typical home costs $170,100, which is 49.7% less expensive than the national average of $338,100 and 30.3% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Spencer costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 25.6% cheaper than the state average of $1,030.

Can I afford Spencer?
To live comfortably in Spencer (zip 54479), Wisconsin, a minimum annual income of $32,760 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Spencer?
The cost of living in 54479 Spencer, WI is generally lower than the national average and other parts of the state due to its smaller population size. The median household income is $47,919 which allows most households to live comfortably. The median home price in the area is $158,000 which is also a great bargain for people looking to buy a home. Utility costs are also fairly low with an average electric bill of only $99 per month. Overall, residents of 54479 Spencer, WI have access to a cost of living that allows them to enjoy the many amenities and activities that this small town has to offer without putting too much strain on their budget.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSpencerWisconsinUnited States
    Unlock89.9100.0
  91.7  Unlock100.0
    Unlock98.9100.0
  52.7  Unlock100.0
    Unlock$244,100$338,100
  93.1  Unlock100.0
    Unlock86.9100.0
  116.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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