Cost of Living in Stevens Point, WI

With a cost of living index of 75, Stevens Point, WI is one of the most affordable cities in the country. Living here is 25% cheaper than the national average and 4% below the Wisconsin state average of 79. With a population of 25,497, Stevens Point is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Stevens Point's cost of living. The median monthly rent is $874 (34% below the US median of $1,319), and the median home value sits at $189,700 (38% below the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Stevens Point is $56,218, which is 25% lower than the national median of $75,149. Residents spend roughly 19% 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.