The cost of living index in Stoughton, WI, shows a mixed picture compared to the nationwide average of 100. Housing costs are notably lower, at 80, which means they are 20% below the national average. This could be a significant advantage for job seekers. However, the cost of groceries, utilities, and miscellaneous items are slightly above the national average, at 90, 95, and 92, respectively. This indicates that while housing is more affordable, other living expenses are relatively close to the national norm.
The cost of living in Stoughton, WI, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Stoughton stand at 80, which is 20% lower than the national average. This makes housing more affordable for residents, potentially freeing up more of their budget for other essentials or savings.
Additionally, the grocery index in Stoughton is 90, which is 10% lower than the national average. This suggests that grocery expenses are relatively manageable, offering a slight financial advantage to those living in the area. Utilities in Stoughton are priced at 95, just 5% above the national average, indicating minimal additional cost for essential services. Transportation costs are at 85, which is 15% lower than the average, making commuting and travel more budget-friendly. Healthcare costs remain on par with the national average at 100, ensuring no extra burden in this critical area. Miscellaneous expenses, at 92, are 8% below the average, providing further savings opportunities. Overall, Stoughton offers a cost of living that is competitive and often more affordable than the national average.
