Cost of Living in Beloit, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.4
100 = national avg
-4.6 vs national average
Living Wage (1 Adult)
$41,987
per year
Living Wage (Family of 4)
$99,241
per year
Cost Index by Category
Housing97.6
Food95.8
Transportation91.7
Healthcare96.7
Utilities97.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$955
per month
2 Bedroom
$1,246
per month
The overall cost of living index in Beloit is 95.4, which is 4.6% below the national average. Housing costs are below the national average at an index of 97.6. A single adult needs to earn approximately $41,987 per year to cover basic expenses.