Cost of Living in Twin Lakes, WI
Population 6,351 · Wisconsin · Data vintage 2023
(100 = US avg)
Twin Lakes sits on the smaller end of the Wisconsin city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Twin Lakes 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. Housing prices track closely with Elgin's $252,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Twin Lakes
The median home value in Twin Lakes is $257,000 — 16% below the national median of $305,000. Median rent runs $1,034/month, 21% lower than the national median of $1,314/month. The median household income of $85,800/year is 15% higher than the US median of $74,580. The local unemployment rate is 4.9%, 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, Twin Lakes has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.
Twin Lakes 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Twin Lakes, WI?
Twin Lakes has a cost index of 82 (100 = national average). It is 18% below the national average.
What is average rent in Twin Lakes, WI?
The median gross rent in Twin Lakes is $1,034 per month based on 2023 Census data.
What is the average home price in Twin Lakes?
The median home value in Twin Lakes is $257,000 according to Zillow and Census data.
What is the median income in Twin Lakes?
The median household income in Twin Lakes is $85,800 per year (2023 ACS 5-year estimates).
What is the sales tax in Twin Lakes, WI?
The combined state and local sales tax rate in Twin Lakes is 5.4%. The Wisconsin state income tax top rate is 7.7%.
Is Twin Lakes, WI affordable?
Yes, Twin Lakes is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.
Twin Lakes at a Glance
- Population
- 6,351
- Median Income
- $85,800
- Home Value
- $257,000
- Median Rent
- $1,034/mo
- Unemployment
- 4.9%
- Sales Tax
- 5.4%
Nearby Cities
Explore county-level cost of living data
Wisconsin Rankings
Similar Cost Cities
Cities in other states with comparable housing costs