The cost of living index in Tomahawk, WI, stands at 90, which is 10% below the nationwide average of 100. This lower index suggests that residents can find housing, groceries, and other essentials at prices somewhat less than the national average. Job seekers considering Tomahawk may find this index favorable for managing living expenses.
Tomahawk, Wisconsin, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Tomahawk stands at 87, which is 13% below the national average of 100. This decrease is primarily due to housing costs, which account for 85% of the national average, reflecting a more affordable living environment for residents. Lower housing expenses can be a significant advantage for job seekers and families considering relocation to Tomahawk.
In addition to housing, other essential expenses in Tomahawk also remain below the national average. For groceries, the index is 95, showing a minor increase of 5% compared to the national average. Utilities and transportation costs are slightly higher, at 90% and 92% of the national average, respectively. Healthcare costs also present a slight advantage, with an index of 88, meaning they are 12% below the national average. Miscellaneous expenses in Tomahawk are at 87%, matching the overall cost of living index. These statistics suggest that Tomahawk provides a competitive cost of living, making it an attractive option for those seeking more affordable living conditions.