Cost of Living in Rome, WI

With a cost of living index of 88, Rome, WI is a very affordable place to live. Living here is 12% cheaper than the national average and 9% above the Wisconsin state average of 79. Rome is a small community of 609 residents.

Housing costs are the biggest factor in Rome's cost of living. The median monthly rent is $1,033 (22% below the US median of $1,319), and the median home value sits at $290,000 (5% below 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 Rome is $88,281, which is 17% higher than the national median of $75,149. Residents spend roughly 14% 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.