Cost of Living in Medford, WI

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

Cost of Living Overview

Overall Index

90.0

100 = national avg

-10.0 vs national average

Living Wage (1 Adult)

$39,590

per year

Living Wage (Family of 4)

$93,577

per year

Cost Index by Category

Housing
95.4
Food
90.6
Transportation
81.3
Healthcare
92.5
Utilities
93.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$778

per month

2 Bedroom

$973

per month

The overall cost of living index in Medford is 90.0, which is 10.0% below the national average. Housing costs are below the national average at an index of 95.4. A single adult needs to earn approximately $39,590 per year to cover basic expenses.