Cost of Living in Florence, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
50.2
100 = national avg
-49.8 vs national average
Living Wage (1 Adult)
$22,091
per year
Living Wage (Family of 4)
$52,216
per year
Cost Index by Category
Housing20.0
Food77.3
Transportation54.6
Healthcare81.8
Utilities70.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$767
per month
2 Bedroom
$1,007
per month
The overall cost of living index in Florence is 50.2, which is 49.8% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $22,091 per year to cover basic expenses.