Cost of Living in Spencer, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.8
100 = national avg
-8.2 vs national average
Living Wage (1 Adult)
$40,377
per year
Living Wage (Family of 4)
$95,437
per year
Cost Index by Category
Housing71.4
Food106.7
Transportation89.2
Healthcare105.4
Utilities98.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$889
per month
2 Bedroom
$1,147
per month
The overall cost of living index in Spencer is 91.8, which is 8.2% below the national average. Housing costs are below the national average at an index of 71.4. A single adult needs to earn approximately $40,377 per year to cover basic expenses.