Cost of Living in Florence, WI
Population: 391 | Wisconsin
Florence is 24% less expensive than the national average.
Cost of Living in Florence, WI: What You Need to Know
With a cost of living index of 76, Florence, WI is a very affordable place to live. Living here is 24% cheaper than the national average and 4% below the Wisconsin state average of 79. Florence is a small community of 391 residents.
The median household income in Florence is $35,733, which is 52% lower than the national median of $75,149. 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
- $35,733
- vs US Median ($75,149)
- -52%
Housing
- Median Home Value
- $31,900
- Median Monthly Housing Cost
- $318/mo