Cost of Living in Price County, Wisconsin
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Price County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Price County ranks #644 of 3,144 counties for affordability (top 20%)
Data Story
About Cost of Living in Price County, Wisconsin
Price County struggles with housing affordability
Price County's rent-to-income ratio of 16.4% significantly exceeds both the national average and Wisconsin's state average of 14.9%. With a median household income of just $58,720—21.4% below the U.S. average—housing costs consume a larger share of household budgets here.
Price ranks among Wisconsin's least affordable
At 16.4%, Price County ranks among the state's least affordable counties, with housing costs eating into household budgets more than the 14.9% state average. The county's below-average median income of $58,720 compounds affordability challenges despite modest home values of $146,000.
Price offers lowest rents in the region
Price County's median rent of $801/month represents the lowest in the area, offering relief compared to larger counties. However, the rent-to-income ratio of 16.4% remains higher than neighbors because local incomes are significantly lower.
Housing dominates household budgets here
Renters spend $801/month on housing while homeowners pay $772/month—among Wisconsin's lowest absolute costs. Yet with a median income of $58,720, housing consumes 16.4% of renters' budgets, straining finances compared to state and national averages.
Price works only for lowest-cost seekers
Price County offers the lowest nominal housing costs in this comparison, but the high rent-to-income ratio signals real affordability strain. Consider relocating here only if you prioritize absolute lowest rents over financial comfort, or if local employment opportunities offset housing cost burdens.
Cost of Living Advisory: Price County
Affordability Verdict
Housing in Price County is affordable. The median rent is $801/month against a median household income of $58,720, putting rent at 16.4% of income.
Rent vs. Own
At $801/month rent versus $772/month in owner costs, owning is roughly $29/month cheaper — a 4% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,040/year. For owner costs at the 28% rule, the required income is roughly $33,086/year. With a median household income of $58,720, most households can comfortably afford rent here. Notably, 24.0% of renter households in Price County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Price County sits 7% more expensive than Marinette County ($749/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Price County
Rent Burden
16.4%
of gross income
Max Housing (28% Rule)
$1,370
per month
Owner Cost Burden
15.8%
of gross income
You can likely afford the median home in Price County
Median home value is $146,000. Estimated monthly cost: $1,166 vs. your max of $1,370.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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