Medford, WI, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Medford stands at 85, which is 15% below the average of 100. This reduction is particularly noticeable in housing, where the index is 75, indicating a 25% savings compared to the national average.
While some areas like groceries and utilities are slightly above the national average, the overall lower cost of living makes Medford an attractive option for job seekers looking to balance affordability with quality of life.
Medford, WI, presents a cost of living that is notably lower than the nationwide average, which is set at 100. The housing index in Medford stands at 75, indicating that housing costs are 25% lower than the national average. This makes Medford an attractive option for those looking to save on housing expenses. Additionally, the groceries index is 90, which means that grocery costs are only 10% below the average, offering a slight advantage but not as significant as housing.
Transportation costs in Medford are also favorable, with an index of 85, which is 15% lower than the national average. This suggests that commuting and other transportation-related expenses are more affordable in Medford. Healthcare costs are at 80, which is 20% below the average, providing a notable saving for those concerned with medical expenses. The utilities index of 95 shows that utility costs are just 5% below the average, and the miscellaneous index of 88 indicates that other miscellaneous costs are 12% lower than the national average. Overall, Medford offers a cost of living that is significantly below the national average, making it a cost-effective choice for many.