Cost of Living in Fairwater, WI

With a cost of living index of 77, Fairwater, WI is a very affordable place to live. Living here is 23% cheaper than the national average and 3% below the Wisconsin state average of 79. Fairwater is a small community of 368 residents.

Housing costs are the biggest factor in Fairwater's cost of living. The median monthly rent is $1,100 (17% below the US median of $1,319), and the median home value sits at $130,200 (57% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.

The median household income in Fairwater is $81,667, which is 9% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Fond du Lac, 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.