Beaver Dam, WI Cost Of Living
Cost Of Living In Beaver Dam, WI Summary
Cost of living in Beaver Dam research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Beaver Dam is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Wisconsin, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Beaver Dam is 96, with 100 being the average.
The cost of living index in Beaver Dam is 1.0x lower than the national average.
Beaver Dam ranks as the #53 cheapest in Wisconsin out of 146.
Beaver Dam ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Beaver Dam is $286,329.
The median income in Beaver Dam is $68,757.
Table Of Contents
Beaver Dam's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Beaver Dam, WI?
According to the most recent data on the cost of living, Beaver Dam has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Wisconsin, Beaver Dam has a cost of living index that's 1.0x higher than Wisconsin's index of 95.
The standard of living in Beaver Dam ranks as #53 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Beaver Dam ranks as the #93 most expensive place in the Badger State.
For more reading on life in Beaver Dam, check out:
In Wisconsin
In America
Beaver Dam Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Beaver Dam. Here is how it fairs on each of the criteria:
The Services index in Beaver Dam is 94.
The Groceries index in Beaver Dam is 100.
The Health index in Beaver Dam is 113.
The Housing index in Beaver Dam is 78.
The Transportation index in Beaver Dam is 99.
The Utilities index in Beaver Dam is 104.
| Living Expense | Beaver Dam | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 96 | 95 | 100 | |
| Services | 94 | 98 | 100 | |
| Groceries | 100 | 100 | 100 | |
| Health | 113 | 111 | 100 | |
| Housing | 78 | 88 | 100 | |
| Transportation | 99 | 100 | 100 | |
| Utilities | 104 | 102 | 100 | |
Beaver Dam, WI Housing Cost Breakdown
Housing swings affordability the most between places in Wisconsin, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Beaver Dam is $286,329.
The Median Rent in Beaver Dam is $942.
The Median Income in Beaver Dam is $68,757.
The Home Value To Income in Beaver Dam is 4.2x.
The Rent To Monthly Income in Beaver Dam is 0.16x.
| Statistic | Beaver Dam | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $286,329 | $328,216 | $303,400 |
| Median Rent | $942 | $1,045 | $1,348 |
| Median Income | $68,757 | $75,670 | $78,538 |
| Home Value To Income | 4.2x | 4.3x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Beaver Dam, WI Costs By Category
Detailed Beaver Dam Services Costs Vs. Wisconsin
| Item | Beaver Dam | Wisconsin |
|---|---|---|
| Shampoo | $1.2 | $1.28 |
| Movie | $8.75 | $12.13 |
| Bowling | $12.11 | $18 |
| Haircut | $22.5 | $24.26 |
| Beauty Salon | $28.5 | $45.56 |
Detailed Beaver Dam Groceries Costs Vs. Wisconsin
| Item | Beaver Dam | Wisconsin |
|---|---|---|
| Ground Beef | $5.64 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.72 | $4.67 |
| Potatoes | $4.45 | $4.93 |
| Pizza | $10.22 | $12.09 |
| Beer | $8.71 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Beaver Dam Health Costs Vs. Wisconsin
| Item | Beaver Dam | Wisconsin |
|---|---|---|
| Optometrist | $121.64 | $125.68 |
| Doctor | $216.44 | $135.78 |
| Dentist | $102.1 | $113.29 |
Detailed Beaver Dam Transportation Costs Vs. Wisconsin
| Item | Beaver Dam | Wisconsin |
|---|---|---|
| Gasoline | $3.26 | $3.46 |
| Tire Balancing | $69.15 | $59.92 |
Detailed Beaver Dam Utilities Costs Vs. Wisconsin
| Item | Beaver Dam | Wisconsin |
|---|---|---|
| All Electricity | $212.47 | $193.99 |
| Phone | $185.94 | $192.25 |
Beaver Dam SnackAbility
/10
Cost Of Living In Cities Around Beaver Dam
The cost of living varies in the cities and towns around Beaver Dam. Here's a quick look at the cost of living in the most populous nearby places:
Wauwatosa, WI has a cost of living index of 111, 1.2x Beaver Dam.
Sun Prairie, WI has a cost of living index of 114, 1.2x Beaver Dam.
Oconomowoc, WI has a cost of living index of 110, 1.1x Beaver Dam.
| City | Population | Cost Of Living | Vs. Beaver Dam |
|---|---|---|---|
| Wauwatosa, WI | 47,718 | 111 | 1.2x |
| Sun Prairie, WI | 36,455 | 114 | 1.2x |
| Oconomowoc, WI | 18,385 | 110 | 1.1x |
| Waunakee, WI | 14,927 | 124 | 1.3x |
| Verona, WI | 14,499 | 120 | 1.2x |
| Oregon, WI | 11,384 | 116 | 1.2x |
| Waupun, WI | 11,244 | 89 | 0.9x |
| DeForest, WI | 10,853 | 112 | 1.2x |
| McFarland, WI | 9,230 | 117 | 1.2x |
| Cottage Grove, WI | 7,906 | 119 | 1.2x |
