Cost of Living in Oconomowoc, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
151.1
100 = national avg
+51.1 vs national average
Living Wage (1 Adult)
$66,490
per year
Living Wage (Family of 4)
$157,158
per year
Cost Index by Category
Housing163.8
Food130.9
Transportation161.8
Healthcare124.7
Utilities131.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,119
per month
2 Bedroom
$1,338
per month
The overall cost of living index in Oconomowoc is 151.1, which is 51.1% above the national average. Housing costs are above the national average at an index of 163.8. A single adult needs to earn approximately $66,490 per year to cover basic expenses.