Cost of Living in Nelsonville, WI

With a cost of living index of 72, Nelsonville, WI is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 7% below the Wisconsin state average of 79. Nelsonville is a small community of 197 residents.

Housing costs are the biggest factor in Nelsonville's cost of living. The median monthly rent is $875 (34% below the US median of $1,319), and the median home value sits at $157,800 (48% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Nelsonville is $66,750, which is 11% lower 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. 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.