Cost of Living in Elmwood Park, WI
Population: 528 | Wisconsin
Elmwood Park is 8% less expensive than the national average.
Cost of Living in Elmwood Park, WI: What You Need to Know
With a cost of living index of 92, Elmwood Park, WI is slightly more affordable than average. Living here is 8% cheaper than the national average and 13% above the Wisconsin state average of 79. Elmwood Park is a small community of 528 residents.
The median household income in Elmwood Park is $61,573, which is 18% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Racine-Mount Pleasant, WI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $61,573
- vs US Median ($75,149)
- -18%
Housing
- Median Home Value
- $229,200
- Median Monthly Housing Cost
- $636/mo
Everyday Prices in Elmwood Park
BLS Average Prices for the Racine-Mount Pleasant, WI (Metropolitan Statistical Area) area