Cost of living in Stoughton 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 Stoughton 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 Stoughton is 101, with 100 being the average.
The cost of living index in Stoughton is 1.0x higher than the national average.
Stoughton ranks as the #107 cheapest in Wisconsin out of 143.
Stoughton ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Stoughton is $232,500.
The median income in Stoughton is $67,272.
According to the most recent data on the cost of living, Stoughton has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Wisconsin, Stoughton has a cost of living index that's 1.1x higher than Wisconsin's index of 95.
The standard of living in Stoughton ranks as #107 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Stoughton ranks as the #36 most expensive place in the Badger State.
For more reading on life in Stoughton, check out:
Six factors go into calculating the cost of living index in Stoughton. Here is how it fairs on each of the criteria:
The Services index in Stoughton is 104.
The Groceries index in Stoughton is 108.
The Health index in Stoughton is 125.
The Housing index in Stoughton is 95.
The Transportation index in Stoughton is 103.
The Utilities index in Stoughton is 98.
|Living Expense||Stoughton||Wisconsin||National Average|
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 2017-2021. The key points are:
The Median Home Value in Stoughton is $232,500.
The Median Rent in Stoughton is $987.
The Median Income in Stoughton is $67,272.
The Home Value To Income in Stoughton is 3.5x.
The Rent To Monthly Income in Stoughton is 0.18x.
|Median Home Value||$232,500||$200,400||$244,900|
|Home Value To Income||3.5x||3.0x||3.5x|
|Rent To Monthly Income||0.18x||0.16x||0.2x|
The cost of living varies in the cities and towns around Stoughton. Here's a quick look at the cost of living in the most populous nearby places:
Madison, WI has a cost of living index of 109, 1.1x Stoughton.
Sun Prairie, WI has a cost of living index of 108, 1.1x Stoughton.
Fitchburg, WI has a cost of living index of 115, 1.1x Stoughton.
|City||Population||Cost Of Living||Vs. Stoughton|
|Sun Prairie, WI||35,528||108||1.1x|
|Fort Atkinson, WI||12,529||97||1.0x|
|Cottage Grove, WI||7,255||115||1.1x|