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
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.
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
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.