Cost of Living in Birchwood, WI
Population: 404 | Wisconsin
Birchwood is 43% less expensive than the national average.
Cost of Living in Birchwood, WI: What You Need to Know
With a cost of living index of 57, Birchwood, WI is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 22% below the Wisconsin state average of 79. Birchwood is a small community of 404 residents.
Housing costs are the biggest factor in Birchwood's cost of living. The median monthly rent is $399 (70% below the US median of $1,319), and the median home value sits at $146,900 (52% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.
The median household income in Birchwood is $58,750, which is 22% lower than the national median of $75,149. Residents spend roughly 8% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $58,750
- vs US Median ($75,149)
- -22%
Housing
- Median Rent
- $399/mo
- Median Home Value
- $146,900
- Median Monthly Housing Cost
- $878/mo