Cost of Living in North Freedom, WI

With a cost of living index of 67, North Freedom, WI is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 12% below the Wisconsin state average of 79. North Freedom is a small community of 730 residents.

Housing costs are the biggest factor in North Freedom's cost of living. The median monthly rent is $708 (46% below the US median of $1,319), and the median home value sits at $154,800 (49% below the national median of $304,900). At current prices, the median home costs roughly 2x the median household income — well within traditional affordability guidelines.

The median household income in North Freedom is $77,250, which is 3% higher than the national median of $75,149. Residents spend roughly 11% 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.