Cost of Living in North Hudson, WI

With a cost of living index of 115, North Hudson, WI is somewhat more expensive than average. Living here is 15% more expensive than the national average and 35% above the Wisconsin state average of 79. North Hudson is a small community of 3,848 residents.

Housing costs are the biggest factor in North Hudson's cost of living. The median monthly rent is $1,569 (19% above the US median of $1,319), and the median home value sits at $372,900 (22% above the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in North Hudson is $114,539, which is 52% higher 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. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher 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.