Holmen, WI, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Holmen stands at 92, which is 8% lower than the national average of 100. This makes Holmen an attractive option for those seeking more affordable living expenses without sacrificing quality of life.
Specifically, housing costs in Holmen are 15% below the national average, while groceries and utilities are just 10% and 5% below, respectively. Transportation costs are slightly above average at 2%, but healthcare costs match the national average. This balanced distribution suggests that Holmen provides a cost-effective living environment for many essential needs.
Holmen, Wisconsin, offers a cost of living that is notably lower than the nationwide average. The cost of living index for the entire nation is set at 100, and Holmen's overall index stands at 92. This means that residents can expect to spend about 8% less on their daily expenses compared to the average American. Housing costs in Holmen are particularly favorable, with an index of 85, indicating that housing expenses are 15% lower than the national average.
In addition to housing, other categories also reflect lower costs in Holmen. Groceries, for example, have an index of 90, which is 10% below the national average. Utilities are slightly higher, with an index of 95, but still 5% less than the nationwide average. Transportation costs are nearly on par with the national average, with an index of 98, which is only 2% lower. Healthcare costs in Holmen match the national average, with an index of 100. Miscellaneous expenses, with an index of 92, are also 8% below the national average. Overall, Holmen provides a cost-effective living environment for those considering relocation.
