Stevens Point, WI Cost Of Living
Cost Of Living In Stevens Point, WI Summary
Cost of living in Stevens Point 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 Stevens Point 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 Stevens Point is 90, with 100 being the average.
The cost of living index in Stevens Point is 0.9x lower than the national average.
Stevens Point ranks as the #23 cheapest in Wisconsin out of 146.
Stevens Point ranks as the #1,206 cheapest out of 6,489 in the US.
The median home value in Stevens Point is $275,807.
The median income in Stevens Point is $56,218.
Table Of Contents
Stevens Point's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Stevens Point, WI?
According to the most recent data on the cost of living, Stevens Point has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Wisconsin, Stevens Point has a cost of living index that's 0.9x lower than Wisconsin's index of 95.
The standard of living in Stevens Point ranks as #23 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Stevens Point ranks as the #123 most expensive place in the Badger State.
For more reading on life in Stevens Point, check out:
In Wisconsin
In America
Stevens Point Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Stevens Point. Here is how it fairs on each of the criteria:
The Services index in Stevens Point is 85.
The Groceries index in Stevens Point is 95.
The Health index in Stevens Point is 126.
The Housing index in Stevens Point is 82.
The Transportation index in Stevens Point is 90.
The Utilities index in Stevens Point is 95.
| Living Expense | Stevens Point | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 90 | 95 | 100 | |
| Services | 85 | 98 | 100 | |
| Groceries | 95 | 100 | 100 | |
| Health | 126 | 111 | 100 | |
| Housing | 82 | 88 | 100 | |
| Transportation | 90 | 100 | 100 | |
| Utilities | 95 | 102 | 100 | |
Stevens Point, 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 Stevens Point is $275,807.
The Median Rent in Stevens Point is $874.
The Median Income in Stevens Point is $56,218.
The Home Value To Income in Stevens Point is 4.9x.
The Rent To Monthly Income in Stevens Point is 0.19x.
| Statistic | Stevens Point | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $275,807 | $328,216 | $303,400 |
| Median Rent | $874 | $1,045 | $1,348 |
| Median Income | $56,218 | $75,670 | $78,538 |
| Home Value To Income | 4.9x | 4.3x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Stevens Point, WI Costs By Category
Detailed Stevens Point Services Costs Vs. Wisconsin
| Item | Stevens Point | Wisconsin |
|---|---|---|
| Shampoo | $1.18 | $1.28 |
| Movie | $14.28 | $12.13 |
| Bowling | $16.88 | $18 |
| Haircut | $28.71 | $24.26 |
| Beauty Salon | $44.93 | $45.56 |
Detailed Stevens Point Groceries Costs Vs. Wisconsin
| Item | Stevens Point | Wisconsin |
|---|---|---|
| Ground Beef | $5.41 | $5.84 |
| Fried Chicken | $1.47 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $4.45 | $4.93 |
| Pizza | $12.91 | $12.09 |
| Beer | $8.7 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed Stevens Point Health Costs Vs. Wisconsin
| Item | Stevens Point | Wisconsin |
|---|---|---|
| Optometrist | $89.62 | $125.68 |
| Doctor | $202.67 | $135.78 |
| Dentist | $110.3 | $113.29 |
Detailed Stevens Point Transportation Costs Vs. Wisconsin
| Item | Stevens Point | Wisconsin |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $66.53 | $59.92 |
Detailed Stevens Point Utilities Costs Vs. Wisconsin
| Item | Stevens Point | Wisconsin |
|---|---|---|
| All Electricity | $214.46 | $193.99 |
| Phone | $184.65 | $192.25 |
Stevens Point SnackAbility
/10
Cost Of Living In Cities Around Stevens Point
The cost of living varies in the cities and towns around Stevens Point. Here's a quick look at the cost of living in the most populous nearby places:
Wausau, WI has a cost of living index of 86, 1.0x Stevens Point.
Marshfield, WI has a cost of living index of 87, 1.0x Stevens Point.
Weston, WI has a cost of living index of 88, 1.0x Stevens Point.
| City | Population | Cost Of Living | Vs. Stevens Point |
|---|---|---|---|
| Wausau, WI | 39,893 | 86 | 1.0x |
| Marshfield, WI | 18,718 | 87 | 1.0x |
| Weston, WI | 15,784 | 88 | 1.0x |
| Plover, WI | 13,713 | 94 | 1.0x |
| Kronenwetter, WI | 8,420 | 94 | 1.0x |
| New London, WI | 7,492 | 90 | 1.0x |
| Rib Mountain, WI | 6,134 | 95 | 1.1x |
| Rothschild, WI | 5,532 | 87 | 1.0x |
| Berlin, WI | 5,523 | 87 | 1.0x |
