Cost of Living in Woodruff, WI

With a cost of living index of 77, Woodruff, WI is a very affordable place to live. Living here is 23% cheaper than the national average and 3% below the Wisconsin state average of 79. Woodruff is a small community of 550 residents.

Housing costs are the biggest factor in Woodruff's cost of living. The median monthly rent is $759 (42% below the US median of $1,319), and the median home value sits at $253,000 (17% below the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.

The median household income in Woodruff is $68,798, which is 8% lower than the national median of $75,149. Residents spend roughly 13% 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.