Cost of Living in Algoma, WI

Population 3,219 · Wisconsin · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Algoma is a smaller Wisconsin community of around 3000 residents, where median household incomes of $62,269 and housing costs ($143,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.6% points to a labor market well on the tight side of the national distribution.

Geographically, Algoma is about 25 miles east of Green Bay, the nearest large metro. Median home values run roughly 25% lower than Green Bay's $192,000.

Cost Overview

Housing 47
Rent 62

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Algoma

The median home value in Algoma is $143,000 — 53% below the national median of $305,000. Median rent runs $812/month, 38% lower than the national median of $1,314/month. The median household income of $62,269/year is 17% lower than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 54.7°F and lows of 36.7°F, with about 55.6" of annual snowfall. Overall, Algoma has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$143,000
53% below avg
Zillow Home Value
$240,891
Zillow ZHVI
Median Rent
$812/mo
38% below avg
Price-to-Rent Ratio
14.7x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 80.1%
Renter-occupied 19.9%

💰 Estimated Monthly Budget

Rent median rent
$812
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,426/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.4 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.0%

Commute Mode

Drove alone
83.9%
Carpooled
7.4%
Public transit
0.2%
Walked
1.4%
Bicycle
0.6%
Work from home
6.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$62,269
17% below avg
Per Capita Income
$31,644
Unemployment Rate
1.6%
68% below avg
Poverty Rate
18.3%
Labor Force Participation
52.3%

🎓 Education

Bachelor's degree+ 10.7%
Graduate degree 7.5%

👥 Demographics

Median Age 44.3
Male median age 42.8
Female median age 46

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.7°F
Avg Low
36.7°F
Annual Precip
31.6"
Annual Snowfall
55.6"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 262940546777817972584431
Low °F 111324354656605850402918
Precip" 1.391.201.963.003.354.103.623.393.202.671.981.75
Snow" 14.312.08.14.70.00.00.00.00.00.33.113.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
70%
Good air days/yr
182
Max AQI recorded
0
PM2.5 days
203
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
13.3:1
Student-teacher ratio
2
Public schools
704
Total enrollment

Frequently Asked Questions

What is the cost of living in Algoma, WI?

Algoma has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Algoma, WI?

The median gross rent in Algoma is $812 per month based on 2023 Census data.

What is the average home price in Algoma?

The median home value in Algoma is $143,000 according to Zillow and Census data.

What is the median income in Algoma?

The median household income in Algoma is $62,269 per year (2023 ACS 5-year estimates).

What is the sales tax in Algoma, WI?

The combined state and local sales tax rate in Algoma is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Algoma, WI affordable?

Yes, Algoma is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

What is the weather like in Algoma?

Algoma has average high temperatures of 54.7°F and average lows of 36.7°F. Annual precipitation is 31.6". Average annual snowfall is 55.6". Data from NOAA 1991–2020 Climate Normals.

Algoma at a Glance

Population
3,219
Median Income
$62,269
Home Value
$143,000
Median Rent
$812/mo
Unemployment
1.6%
Avg High Temp
54.7°F
Sales Tax
5.4%
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