Cost of Living in Sister Bay, WI

With a cost of living index of 91, Sister Bay, WI is slightly more affordable than average. Living here is 9% cheaper than the national average and 12% above the Wisconsin state average of 79. Sister Bay is a small community of 1,016 residents.

Housing costs are the biggest factor in Sister Bay's cost of living. The median monthly rent is $1,018 (23% below the US median of $1,319), and the median home value sits at $328,700 (8% above the national median of $304,900). At current prices, the median home costs roughly 5.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Sister Bay is $57,679, which is 23% lower than the national median of $75,149. Residents spend roughly 21% 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.