Cost of Living in Lake Wazeecha, WI

With a cost of living index of 66, Lake Wazeecha, 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. Lake Wazeecha is a small community of 2,722 residents.

Housing costs are the biggest factor in Lake Wazeecha's cost of living. The median monthly rent is $569 (57% below the US median of $1,319), and the median home value sits at $198,400 (35% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.

The median household income in Lake Wazeecha is $90,074, which is 20% higher 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.

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.