Cost of Living in Bloomfield, WI

Population 4,815 · Wisconsin · Data vintage 2023

78
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Bloomfield can reasonably expect a home to cost less than three years of household income — $213,000 against $92,438 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. At 7.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Bloomfield is about 35 miles north of Elgin, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 15% lower than Elgin's $252,000.

Cost Overview

Housing 70
Rent 89

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

About the Cost of Living in Bloomfield

The median home value in Bloomfield is $213,300 — 30% below the national median of $305,000. Median rent runs $1,170/month, 11% lower than the national median of $1,314/month. The median household income of $92,438/year is 24% higher than the US median of $74,580. The local unemployment rate is 7.8%, above the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. Overall, Bloomfield has a cost of living index of 78 versus the US average of 100, meaning it is 22% less expensive.

🏠 Housing

Median Home Value
$213,300
30% below avg
Zillow Home Value
$305,460
Zillow ZHVI
Median Rent
$1,170/mo
11% below avg
Price-to-Rent Ratio
15.2x
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 86.9%
Renter-occupied 13.1%

💰 Estimated Monthly Budget

Rent median rent
$1,170
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,784/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
31.4 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.4%

Commute Mode

Drove alone
84.0%
Carpooled
3.2%
Walked
0.5%
Bicycle
2.4%
Work from home
8.4%

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
$92,438
24% above avg
Per Capita Income
$36,279
Unemployment Rate
7.8%
62% above avg
Poverty Rate
6.9%
Labor Force Participation
72.5%

🎓 Education

Bachelor's degree+ 10.4%
Graduate degree 1.9%

👥 Demographics

Median Age 39.6
Male median age 39.9
Female median age 39.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
68%
Good air days/yr
143
Max AQI recorded
0
PM2.5 days
203
Ozone days

Frequently Asked Questions

What is the cost of living in Bloomfield, WI?

Bloomfield has a cost index of 78 (100 = national average). It is 22% below the national average.

What is average rent in Bloomfield, WI?

The median gross rent in Bloomfield is $1,170 per month based on 2023 Census data.

What is the average home price in Bloomfield?

The median home value in Bloomfield is $213,300 according to Zillow and Census data.

What is the median income in Bloomfield?

The median household income in Bloomfield is $92,438 per year (2023 ACS 5-year estimates).

What is the sales tax in Bloomfield, WI?

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

Is Bloomfield, WI affordable?

Yes, Bloomfield is generally considered affordable, with a cost of living index of 78 — about 22% below the US national average of 100.

Bloomfield at a Glance

Population
4,815
Median Income
$92,438
Home Value
$213,300
Median Rent
$1,170/mo
Unemployment
7.8%
Sales Tax
5.4%
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Explore county-level cost of living data

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