Baldwin, WI, boasts a cost of living index that is notably lower than the nationwide average of 100. Specifically, the overall cost of living index for Baldwin stands at 93, reflecting a 7% reduction in expenses. This lower cost of living makes Baldwin an attractive option for professionals seeking a more affordable lifestyle while still maintaining proximity to essential amenities.
The cost of living index in Baldwin, WI, presents a slightly lower overall expense when compared to the nationwide average. Assuming the nationwide average is 100, the total cost of living index for Baldwin is 92, indicating that residents generally spend 8% less than the national average. This reduction is notable due to the housing index of 90, which means that housing costs in Baldwin are 10% below the national average. This makes it a more affordable option for those seeking housing in the area.
Further breaking down the cost categories, the groceries index is 95, suggesting a minor increase of 5% compared to the nationwide average. Utilities remain consistent at 100, aligning perfectly with the national average. Transportation stands at 85, which is 15% lower than the national average, offering a significant advantage for those who rely on vehicles. Healthcare, with an index of 92, mirrors the overall cost of living, indicating lower healthcare expenses. Finally, the miscellaneous index is 97, showing only a 3% increase over the national average. These figures collectively illustrate that Baldwin, WI, provides a cost-effective living environment compared to many other locations across the country.
