Cost of Living in Tomahawk, WI

Population 3,416 · Wisconsin · Data vintage 2023

50
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Tomahawk is a smaller Wisconsin community of around 3000 residents, where median household incomes of $60,905 and housing costs ($168,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 105 miles northwest of Green Bay, Tomahawk is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 12% lower than Green Bay's $192,000.

Cost Overview

Housing 55
Rent 42

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

About the Cost of Living in Tomahawk

The median home value in Tomahawk is $168,200 — 45% below the national median of $305,000. Median rent runs $554/month, 58% lower than the national median of $1,314/month. The median household income of $60,905/year is 18% lower than the US median of $74,580. The local unemployment rate is 5.0%, 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%. The climate averages highs of 52.5°F and lows of 30.4°F. Overall, Tomahawk has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.

🏠 Housing

Median Home Value
$168,200
45% below avg
Zillow Home Value
$164,976
Zillow ZHVI
Median Rent
$554/mo
58% below avg
Price-to-Rent Ratio
25.3x
Favors renting
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 67.9%
Renter-occupied 32.1%

💰 Estimated Monthly Budget

Rent median rent
$554
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,168/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
16.4 min
39% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.5%

Commute Mode

Drove alone
89.6%
Carpooled
2.4%
Walked
2.5%
Work from home
5.5%

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
$60,905
18% below avg
Per Capita Income
$40,497
Unemployment Rate
5.0%
4% above avg
Poverty Rate
12.2%
Labor Force Participation
59.6%

🎓 Education

Bachelor's degree+ 13.4%
Graduate degree 4.4%

👥 Demographics

Median Age 41.3
Male median age 41.5
Female median age 41.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
52.5°F
Avg Low
30.4°F
Annual Precip
29.6"
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 232739526676807769553927
Low °F 4617294150545245342311
Precip" 0.830.791.522.653.423.934.023.093.482.951.751.20

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
13.2:1
Student-teacher ratio
3
Public schools
1,216
Total enrollment

Frequently Asked Questions

What is the cost of living in Tomahawk, WI?

Tomahawk has a cost index of 50 (100 = national average). It is 50% below the national average.

What is average rent in Tomahawk, WI?

The median gross rent in Tomahawk is $554 per month based on 2023 Census data.

What is the average home price in Tomahawk?

The median home value in Tomahawk is $168,200 according to Zillow and Census data.

What is the median income in Tomahawk?

The median household income in Tomahawk is $60,905 per year (2023 ACS 5-year estimates).

What is the sales tax in Tomahawk, WI?

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

Is Tomahawk, WI affordable?

Yes, Tomahawk is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.

What is the weather like in Tomahawk?

Tomahawk has average high temperatures of 52.5°F and average lows of 30.4°F. Annual precipitation is 29.6". Data from NOAA 1991–2020 Climate Normals.

Tomahawk at a Glance

Population
3,416
Median Income
$60,905
Home Value
$168,200
Median Rent
$554/mo
Unemployment
5.0%
Avg High Temp
52.5°F
Sales Tax
5.4%
View all cities in Wisconsin →
🗺️ County data for Wisconsin

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs