Cost of Living in Genoa, WI
Population: 290 | Wisconsin
Genoa is 34% less expensive than the national average.
Cost of Living in Genoa, WI: What You Need to Know
With a cost of living index of 66, Genoa, WI is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 13% below the Wisconsin state average of 79. Genoa is a small community of 290 residents.
Housing costs are the biggest factor in Genoa's cost of living. The median monthly rent is $675 (49% below the US median of $1,319), and the median home value sits at $170,800 (44% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.
The median household income in Genoa is $65,000, which is 14% lower than the national median of $75,149. Residents spend roughly 12% 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.
Everyday prices in the La Crosse-Onalaska, WI-MN (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
- $65,000
- vs US Median ($75,149)
- -14%
Housing
- Median Rent
- $675/mo
- Median Home Value
- $170,800
- Median Monthly Housing Cost
- $1,022/mo
Everyday Prices in Genoa
BLS Average Prices for the La Crosse-Onalaska, WI-MN (Metropolitan Statistical Area) area