Cost of Living in Lake Mills, WI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

129.7

100 = national avg

+29.7 vs national average

Living Wage (1 Adult)

$57,079

per year

Living Wage (Family of 4)

$134,915

per year

Cost Index by Category

Housing
140.6
Food
116.5
Transportation
133.1
Healthcare
113.2
Utilities
118.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$917

per month

2 Bedroom

$1,156

per month

The overall cost of living index in Lake Mills is 129.7, which is 29.7% above the national average. Housing costs are above the national average at an index of 140.6. A single adult needs to earn approximately $57,079 per year to cover basic expenses.