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Manitowoc, WI vs Racine, WI

69
Manitowoc
Wisconsin
VS
-9.8%
76
Racine
Wisconsin

Manitowoc is moderately more affordable than Racine, with a 9.8% lower cost of living index. Manitowoc scores 69 compared to 76 for Racine, where the US average is 100. This difference means residents of Racine can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Manitowoc is $787/month compared to $983/month in Racine — a 20% difference. Home values follow the same pattern: Manitowoc is more affordable at $143,900 median vs $158,100.

Median household income in Manitowoc is $62,133 compared to $55,705 in Racine (+11.5%). Manitowoc offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Manitowoc spend roughly 15.2% of their income on rent, less than the 21.2% in Racine.

Income & Cost

Cost of Living Index
Manitowoc
69
10% cheaper
Racine
76
Median Household Income
Manitowoc
$62,133
10% higher
Racine
$55,705

Housing

Median Rent
Manitowoc
$787
20% cheaper
Racine
$983
Median Home Value
Manitowoc
$143,900
9% cheaper
Racine
$158,100
Population
Manitowoc
34,553
Racine
77,155

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Manitowoc
Racine $2.88
US $3.07
🥚
Eggs (grade A, large)
Manitowoc
Racine $2.35
US $2.50
🥛
Milk (whole)
Manitowoc
Racine $3.78
US $4.03
🍞
Bread (white)
Manitowoc
Racine $1.74
US $1.85
🍗
Chicken breast
Manitowoc
Racine $3.89
US $4.14
Electricity
Manitowoc
Racine $0.17
US $0.19