A+
16%
Overall NAT. AVG.
17%
Goods & Services NAT. AVG.
30%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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 Wausau Wisconsin National
Cost of living8496100
Goods & Services8397100
Groceries9699100
Health care125112100
Housing7088100
Transportation8998100
Utilities95102100

An Overview of Cost of Living in Wausau, WI

Are you thinking about relocating, but curious about the potential cost of living in Wausau? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Wausau stands at 84, making it 16% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

Everyday essentials such as clothing, personal hygiene products and entertainment all contribute to your overall cost of living. The good news is that in Wausau, these goods and services come in at 17.4% less than the national average. This means you can enjoy the things you need and love without breaking the bank. With such savings, you have the opportunity to allocate more funds towards your savings or other financial goals, ultimately enhancing your financial well-being.

What Do Locals Say About the Cost of Living in Wausau?

When it comes to knowing a city, its residents are the experts. We conducted a survey with 6 locals to understand their opinions on the cost of living in Wausau. The results indicated that 50% found it reasonably priced with decreasing prices of goods and services, while 50% viewed it as quite expensive, with increasing prices.

Is Wausau Affordable?

Is Wausau affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Wausau, the median home price is 34.4% lower than the national average and monthly rent prices are 19.2% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Wausau boasting a median household income of $47,438, 14.3% lower than the national average.

What Factors can Influence the Cost of Living in Wausau?

Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Wausau, the utilities index stands at 4.8% lower than the national average.

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Wausau, the transportation index is 10.9% lower than the national average.

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Wausau, healthcare costs are 25.1% higher than the national average.

Where is the Data From?

The Wausau cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Wausau is 12% lower than the Wisconsin average
  • The cost of living in Wausau is 16% lower than the national average
  • Wausau housing is 30% 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

Most Affordable Places to Live in and Around Wausau

See all the best places to live around Wausau

Compare Wausau, WI Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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$66,260$5,522$1,546$1,988
      Renters$32,119$2,677$749$964
      A good indicator of the general affordability of housing in Wausau, WI, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Wausau, the median monthly income is $66,260 for those who own their own homes. Under the standard rule, that income level would allow for $1,546 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $32,119, per the median income in the area. That would allow for renters to spend up to $749 on monthly rental expenses.

      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 Wausau National avg. Difference
      Haircut $28.71$24.2618.3%
      Beauty Salon $44.93$45.561.4%
      Toothpaste $3.62$3.702.3%
      Shampoo $1.18$1.287.6%
      Movie $14.28$12.1317.7%
      Bowling $16.88$18.006.2%

      Groceries

      Item Wausau National avg. Difference
      Ground Beef $5.41$5.847.3%
      Fried Chicken $1.47$1.576.5%
      Milk $4.78$4.672.3%
      Potatoes $4.45$4.939.9%
      Pizza $12.91$12.096.8%
      Beer $8.70$10.4116.5%

      Health Care

      Item Wausau National avg. Difference
      Optometrist $89.62$125.6828.7%
      Doctor $202.67$135.7849.3%
      Dentist $110.30$113.292.6%
      Ibuprofen $10.89$10.652.2%
      Lipitor $447.61$468.604.5%

      Housing

      Item Wausau National avg. Difference
      Home Price $121,100.00$184,700.0034.4%
      Avg. Mortgage Payment $2,296.35$2,346.692.1%
      Apartment Rent $767.00$949.0019.2%

      Transportation

      Item Wausau National avg. Difference
      Gasoline $3.25$3.466.1%
      Tire Balancing $66.53$59.9211.0%

      Utilities

      Item Wausau National avg. Difference
      All Electricity $214.46$193.9910.5%
      Phone $184.65$192.254.0%
      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.
      Schofield, WI2,2838415.7%
      Mosinee, WI4,0758515.1%
      Marathon City, WI1,3318713.3%
      Rothschild, WI5,2868712.8%
      Brokaw, WI2378911.0%
      Wausau, WI38,6858415.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Wheeling, IL38,6841087.7%
      Mission Bend, TX38,6931021.6%
      Hot Springs, AR38,6978910.7%
      Clovis, NM38,7019010.3%
      Pacifica, CA38,663219118.5%
      Wausau, WI38,6858415.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.