Residents of St. Croix County need to make $3,415 every month to maintain a modest standard of living, making it the most expensive place in Wisconsin to live, according to an analysis from 24/7 Wall St.
The Economic Policy Institute’s Family Budget Calculator was used to determine the local cost of living, which includes housing, food, health care, transportation and other necessities. In many of the locations identified, housing costs can account for more than 30 percent of these expenses.
The monthly housing cost in St. Croix County was $697. And the median household income in the region stood at $81,124.
The May 2020 jobless rate there was 13.8 percent. Unemployment rates in these counties tended to be below the 13 percent national average during the coronavirus pandemic, the website reported, while local population growth in recent years was above the U.S. average.
The 24/7 Wall St. analysis ranked counties by estimating the cost of living for a single adult resident to have a modest quality of life.
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Most Expensive Regions in Each State
StateMost Expensive County to Live InMonthly Cost of LivingMonthly Housing CostsMedian Annual Household IncomeMay 2020 Jobless RateAlabamaShelby$3,577$841$75,7616.5%AlaskaDenali Borough$4,362$1,087$84,19614.7%ArizonaCoconino$3,611$816$57,61611.7%ArkansasSaline$3,066$643$62,1528.1%CaliforniaSan Mateo$6,391$2,228$113,77611.1%ColoradoDouglas$4,328$1,302$115,3148.2%ConnecticutFairfield$3,978$1,097$92,9699.3%DelawareNew Castle$3,522$873$70,99614.9%FloridaMonroe$4,000$1,001$67,02317.7%GeorgiaForsyth$3,993$1,085$101,7437.3%HawaiiKalawao$4,565$1,174$61,875N/AIdahoBlaine$3,711$779$51,96814.9%IllinoisMcHenry$3,806$981$84,80313.3%IndianaHamilton$3,314$774$94,6447.5%IowaStory$3,216$633$54,5546.9%KansasRiley$3,458$809$49,9107.9%KentuckyOldham$3,134$672$97,5979.1%LouisianaSt. Tammany$3,353$791$67,70612.3%MaineCumberland$3,770$974$69,70810.3%MarylandCalvert$4,866$1,522$104,3017.7%MassachusettsNantucket$4,337$1,282$105,17117.3%MichiganLeelanau$3,595$688$63,83117.1%MinnesotaWashington$3,551$903$92,3769.2%MississippiMadison$3,335$738$71,69010.0%MissouriAndrew$3,207$576$55,6835.3%MontanaMadison$3,627$720$50,2477.4%NebraskaArthur$3,642$549$43,8543.5%NevadaChurchill$3,472$733$51,5148.3%New HampshireRockingham$3,527$943$90,42914.6%New JerseyHunterdon$4,108$1,089$112,53511.1%New MexicoHarding$3,214$564$30,8753.0%New YorkPutnam$5,181$1,511$102,18610.6%North CarolinaCamden$3,993$880$63,3498.3%North DakotaDunn$3,970$1,003$70,5006.6%OhioHocking$3,150$607$50,00011.0%OklahomaElls$3,406$565$52,7058.2%OregonClackamas$3,965$1,115$76,59713.1%PennsylvaniaChester$3,833$1,007$96,7269.6%Rhode IslandNewport$3,503$943$77,23713.9%South CarolinaBeaufort$3,649$878$63,11011.3%South DakotaCuster$3,214$591$55,47211.1%TennesseeWilliamson$3,737$1,013$109,0267.4%TexasFort Bend$3,629$1,048$95,56112.8%UtahSummit$3,613$827$100,45316.9%VermontGrand Isle$3,999$944$69,58312.5%VirginiaFairfax$4,959$1,707$121,1338.8%WashingtonKing$3,787$1,167$89,41814.3%West VirginiaJefferson$3,502$760$76,50310.0%WisconsinSt. Croix$3,415$697$81,12413.8%WyomingTeton$3,942$882$83,83115.0%
Source: 24/7 Wall St.
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