A+
2%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
20%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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 Portage Wisconsin National
Cost of living9896100
Goods & Services10697100
Groceries10299100
Health care120112100
Housing8088100
Transportation10198100
Utilities109102100

An Overview of Cost of Living in Portage, WI

Getting a feel for the cost of living in Portage is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Portage is 98, which is 2% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

The cost of living in Portage aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, goods and services, health care and utility bills are priced at a level consistent with the average in similar urban areas. Portage residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.

Is Portage Affordable?

Is Portage affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Portage, the median home price is 22.4% lower than the national average and monthly rent prices are 14.1% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Portage boasting a median household income of $52,183, 5.7% lower than the national average.

What Factors can Influence the Cost of Living in Portage?

Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Portage, the healthcare costs are 19.7% higher than the national average.

Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Portage, is 19.9% lower than the national average.

Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Portage, the transportation index is 1.3% higher than the national average.

Where is the Data From?

The Portage cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Portage is 2% higher than the Wisconsin average
  • The cost of living in Portage is 2% lower than the national average
  • Portage housing is 20% 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

Most Affordable Places to Live in and Around Portage

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Compare Portage, WI Cost of Living

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      Salary Calculator

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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$71,078$5,923$1,658$2,133
      Renters$34,354$2,863$802$1,031
      The affordability of the housing market in Portage, 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 Portage homeowners, the median income is $71,078. This indicates that a monthly maximum of $1,658 should be spent by homeowners on all housing related costs. Renters have a median income of $34,354. This indicates that renters would have a maximum of $802 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 Portage National avg. Difference
      Haircut $24.26$24.260.0%
      Beauty Salon $66.46$45.5645.9%
      Toothpaste $3.76$3.701.7%
      Shampoo $1.22$1.284.8%
      Movie $12.47$12.132.8%
      Bowling $27.76$18.0054.2%

      Groceries

      Item Portage National avg. Difference
      Ground Beef $6.27$5.847.4%
      Fried Chicken $1.45$1.578.1%
      Milk $4.79$4.672.5%
      Potatoes $4.20$4.9315.0%
      Pizza $10.96$12.099.3%
      Beer $8.82$10.4115.3%

      Health Care

      Item Portage National avg. Difference
      Optometrist $70.37$125.6844.0%
      Doctor $222.85$135.7864.1%
      Dentist $122.45$113.298.1%
      Ibuprofen $10.72$10.650.6%
      Lipitor $506.88$468.608.2%

      Housing

      Item Portage National avg. Difference
      Home Price $143,400.00$184,700.0022.4%
      Avg. Mortgage Payment $2,571.07$2,346.699.6%
      Apartment Rent $815.00$949.0014.1%

      Transportation

      Item Portage National avg. Difference
      Gasoline $3.39$3.462.0%
      Tire Balancing $65.66$59.929.6%

      Utilities

      Item Portage National avg. Difference
      All Electricity $226.90$193.9917.0%
      Phone $185.25$192.253.6%
      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.
      Packwaukee, WI194918.6%
      Endeavor, WI562936.8%
      Dalton, WI203919.2%
      Rio, WI1,049964.2%
      Pardeeville, WI2,046981.6%
      Portage, WI10,412981.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Cape Canaveral, FL10,4111076.6%
      Monmouth, OR10,41111211.9%
      Mono, ON10,413n/a 
      Frederick, CO10,41412929.3%
      Oak Hills, CA10,41513130.6%
      Portage, WI10,412981.9%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.