Cost Of Living in Baldwin, WI

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Baldwin	Wisconsin	National
Cost of living	96	96	100
Goods & Services	96	97	100
Groceries	99	99	100
Health care	101	112	100
Housing	95	88	100
Transportation	98	98	100
Utilities	94	102	100

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Cost Of Living Quick Facts

The cost of living in Baldwin is equal to the Wisconsin average
The cost of living in Baldwin is 4% lower than the national average
Baldwin housing is 5% lower than the national average
Wisconsin general sales tax is 2% lower than the national average
Wisconsin state income tax is 36% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$84,306	$7,026	$1,967	$2,529
Renters	$36,215	$3,018	$845	$1,087

A good way to judge both the affordability of the housing and the cost of living in Baldwin is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Baldwin has a median income of about $84,306 for people who own homes. Based on that number, a maximum of $1,967 should be spent on expenses related to housing. Renters have a slightly different median income, which is $36,215. Based on this average, renters should spend no more than $845 on all rental costs if they want to maintain a non-impoverished standard of living.

Wisconsin Sales Tax

State	General Sales Tax	With Max Surtax
Wisconsin	5%	6.75%

Wisconsin Income Tax

State	Income Tax (Low)	Income Tax (High)
Wisconsin	3.54%	7.65%

Goods & Services

Item	Baldwin	National avg.	Difference
Haircut	$28.67	$24.26	18.2%
Beauty Salon	$34.55	$45.56	24.2%
Toothpaste	$3.75	$3.70	1.4%
Shampoo	$1.30	$1.28	1.5%
Movie	$13.47	$12.13	11.0%
Bowling	$21.50	$18.00	19.4%

Groceries

Item	Baldwin	National avg.	Difference
Ground Beef	$5.49	$5.84	5.9%
Fried Chicken	$1.35	$1.57	14.2%
Milk	$4.63	$4.67	0.8%
Potatoes	$4.98	$4.93	0.8%
Pizza	$12.49	$12.09	3.3%
Beer	$9.36	$10.41	10.1%

Health Care

Item	Baldwin	National avg.	Difference
Optometrist	$145.44	$125.68	15.7%
Doctor	$229.08	$135.78	68.7%
Dentist	$108.67	$113.29	4.1%
Ibuprofen	$10.36	$10.65	2.7%
Lipitor	$599.08	$468.60	27.8%

Housing

Item	Baldwin	National avg.	Difference
Home Price	$172,500.00	$184,700.00	6.6%
Avg. Mortgage Payment	$1,941.44	$2,346.69	17.3%
Apartment Rent	$947.00	$949.00	0.2%

Transportation

Item	Baldwin	National avg.	Difference
Gasoline	$3.38	$3.46	2.5%
Tire Balancing	$61.74	$59.92	3.0%

Utilities

Item	Baldwin	National avg.	Difference
All Electricity	$175.38	$193.99	9.6%
Phone	$187.39	$192.25	2.5%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Emerald, WI	227	90	10.3%
Knapp, WI	641	91	9.5%
Elmwood, WI	613	91	8.7%
Glenwood City, WI	1,112	93	6.8%
Woodville, WI	1,532	95	5.4%
Baldwin, WI	4,017	96	3.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Pleasant Hills, MD	4,017	138	37.9%
Oak Valley, NJ	4,018	100	0.2%
Smithton, IL	4,019	94	6.0%
Granite Hills, CA	4,020	182	82.0%
Tierra Verde, FL	4,013	143	43.5%
Baldwin, WI	4,017	96	3.7%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Baldwin, WI