Cost Of Living in Dodgeville, WI

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Dodgeville	Wisconsin	National
Cost of living	102	96	100
Goods & Services	106	97	100
Groceries	102	99	100
Health care	120	112	100
Housing	92	88	100
Transportation	101	98	100
Utilities	109	102	100

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Cost Of Living Quick Facts

The cost of living in Dodgeville is 6% higher than the Wisconsin average
The cost of living in Dodgeville is 2% higher than the national average
Dodgeville housing is 8% lower than the national average
Wisconsin general sales tax is 2% lower than the national average
Wisconsin state income tax is 36% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$89,453	$7,454	$2,087	$2,684
Renters	$32,193	$2,683	$751	$966

The affordability of the housing market in Dodgeville, WI as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Dodgeville homeowners, the median income is $89,453. This indicates that a monthly maximum of $2,087 should be spent by homeowners on all housing related costs. Renters have a median income of $32,193. This indicates that renters would have a maximum of $751 for their rent related monthly costs.

Wisconsin Sales Tax

State	General Sales Tax	With Max Surtax
Wisconsin	5%	6.75%

Wisconsin Income Tax

State	Income Tax (Low)	Income Tax (High)
Wisconsin	3.54%	7.65%

Goods & Services

Item	Dodgeville	National avg.	Difference
Haircut	$24.26	$24.26	0.0%
Beauty Salon	$66.46	$45.56	45.9%
Toothpaste	$3.76	$3.70	1.7%
Shampoo	$1.22	$1.28	4.8%
Movie	$12.47	$12.13	2.8%
Bowling	$27.76	$18.00	54.2%

Groceries

Item	Dodgeville	National avg.	Difference
Ground Beef	$6.27	$5.84	7.4%
Fried Chicken	$1.45	$1.57	8.1%
Milk	$4.79	$4.67	2.5%
Potatoes	$4.20	$4.93	15.0%
Pizza	$10.96	$12.09	9.3%
Beer	$8.82	$10.41	15.3%

Health Care

Item	Dodgeville	National avg.	Difference
Optometrist	$70.37	$125.68	44.0%
Doctor	$222.85	$135.78	64.1%
Dentist	$122.45	$113.29	8.1%
Ibuprofen	$10.72	$10.65	0.6%
Lipitor	$506.88	$468.60	8.2%

Housing

Item	Dodgeville	National avg.	Difference
Home Price	$174,800.00	$184,700.00	5.4%
Avg. Mortgage Payment	$2,571.07	$2,346.69	9.6%
Apartment Rent	$823.00	$949.00	13.3%

Transportation

Item	Dodgeville	National avg.	Difference
Gasoline	$3.39	$3.46	2.0%
Tire Balancing	$65.66	$59.92	9.6%

Utilities

Item	Dodgeville	National avg.	Difference
All Electricity	$226.90	$193.99	17.0%
Phone	$185.25	$192.25	3.6%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Rewey, WI	279	82	17.7%
Linden, WI	616	85	14.7%
Highland, WI	962	86	14.3%
Cobb, WI	418	88	12.5%
Edmund, WI	117	88	11.7%
Dodgeville, WI	4,711	102	1.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Spring House, PA	4,711	148	47.6%
Wolverine Lake, MI	4,712	104	3.7%
Lake Wildwood, CA	4,709	143	43.2%
Temple, GA	4,709	90	10.2%
Gladstone, MI	4,708	84	16.4%
Dodgeville, WI	4,711	102	1.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Dodgeville, WI