The cost of living index in Medford, WI, shows that residents enjoy lower expenses compared to the nationwide average of 100. Housing costs are notably lower, at 73, offering significant savings for those living there. Medford’s overall cost of living benefits from a mix of low housing and competitive prices in groceries, utilities, transportation, healthcare, and miscellaneous goods, making it an attractive location for budget-conscious individuals.
Medford, Wisconsin, offers a notably lower cost of living compared to the nationwide average, which is set at 100. Housing costs in Medford stand at 73, meaning they are 27% lower than the national average. This makes Medford an attractive option for those seeking affordable housing without sacrificing quality or location.
Additionally, grocery prices in Medford are 90, which is 10% lower than the nationwide average. Utilities also present a slight advantage, with a cost index of 95, which is 5% lower than average. Transportation costs in Medford are slightly below the national average at 85, reflecting a 15% reduction. While healthcare expenses in Medford are on par with the national average, at 95, miscellaneous costs are also competitive at 88, which is 12% below the average. Overall, these figures indicate that Medford provides a cost-effective living environment across multiple essential categories.