Cost of Living in Prescott, WI
Population 4,376 · Wisconsin · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Prescott a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $282,000. An unemployment rate of 2.0% points to a labor market well on the tight side of the national distribution.
Geographically, Prescott sits roughly 20 miles southeast of St. Paul. Housing prices track closely with St. Paul's $280,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Prescott
The median home value in Prescott is $282,100 — 8% below the national median of $305,000. Median rent runs $1,284/month, 2% lower than the national median of $1,314/month. The median household income of $82,730/year is 11% higher than the US median of $74,580. The local unemployment rate is 2.0%, 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%. Overall, Prescott has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.
Prescott has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Prescott, WI?
Prescott has a cost index of 95 (100 = national average). It is 5% below the national average.
What is average rent in Prescott, WI?
The median gross rent in Prescott is $1,284 per month based on 2023 Census data.
What is the average home price in Prescott?
The median home value in Prescott is $282,100 according to Zillow and Census data.
What is the median income in Prescott?
The median household income in Prescott is $82,730 per year (2023 ACS 5-year estimates).
What is the sales tax in Prescott, WI?
The combined state and local sales tax rate in Prescott is 5.4%. The Wisconsin state income tax top rate is 7.7%.
Is Prescott, WI affordable?
Prescott is near the national average in terms of cost of living, with an index of 95 (100 = US average).
Prescott at a Glance
- Population
- 4,376
- Median Income
- $82,730
- Home Value
- $282,100
- Median Rent
- $1,284/mo
- Unemployment
- 2.0%
- Sales Tax
- 5.4%
Nearby Cities
Explore county-level cost of living data
Wisconsin Rankings
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