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2024 BEA RPP All 4 categories Federal source

Janesville-Beloit, WI

Cost-of-living indicators for Janesville-Beloit, WI, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 27500 · Data year: 2024 · Rank: #189 of 387

Janesville-Beloit, WI has a cost of living index of 93.7, meaning it's 6.3% less expensive than the national average. Goods cost 6.2% less, services 9.6% less, and rents are 20.4% below average. A $100K national salary has the purchasing power of $106,720 here.

What the Numbers Mean for Janesville

Janesville ranks #189 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the upper half by cost. With an overall Regional Price Parity of 93.7, Janesville-Beloit, WI is 6.3% less expensive than the national baseline of 100. The gap between Janesville's most and least expensive categories — the priciest line item versus rents at 79.6 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $106,720 inside Janesville, while a household needs roughly $93,703 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 79.6 — 20.4% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Janesville's overall index has stayed within 0.8 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 93.8 and services at 90.4, meaning everyday spending in Janesville is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Janesville Cost Index at a Glance

Janesville all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10093.7

Janesville category breakdown

BEA RPP composition by goods, services, rents, overall

Rents79.552Services90.357Goods93.787Overall93.703

Price Index Summary

Overall

93.7

-6.3 below avg

Goods

93.8

-6.2 below avg

Services

90.4

-9.6 below avg

Rents

79.6

-20.4 below avg

Price Index vs National Average (100)

Overall
National avg

Index 93.7 (-6.3 vs national avg)

Goods
National avg

Index 93.8 (-6.2 vs national avg)

Services
National avg

Index 90.4 (-9.6 vs national avg)

Rents
National avg

Index 79.6 (-20.4 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -20.4% (79.6)
Services -9.6% (90.4)
Overall -6.3% (93.7)
Goods -6.2% (93.8)

Income Adequacy in Janesville

Janesville income adequacy score

$75,000 median income vs RPP 93.7

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$93,703

in Janesville-Beloit, WI purchasing power

$50,000 nationally
$46,852
$75,000 nationally
$70,277
$125,000 nationally
$117,129
$150,000 nationally
$140,555
$200,000 nationally
$187,406

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.8 points over this period.

Year Overall
2008 94.5
2009 94.7
2010 96.2
2011 94.7
2012 95.0
2013 94.4
2014 95.4
2015 92.8
2016 92.8
2017 92.5
2018 94.0
2019 94.1
2020 91.6
2021 93.0
2022 91.8
2023 91.5
2024 93.7

Metros with Similar Cost of Living

These metros have an overall RPP closest to Janesville-Beloit, WI's index of 93.7.

Related Data for Janesville

Frequently Asked Questions

What is the cost of living in Janesville-Beloit, WI?
Janesville-Beloit, WI has a Regional Price Parity (RPP) index of 93.7, meaning it is 6.3% less expensive than the national average. Goods are indexed at 93.8, services at 90.4, and rents at 79.6. It ranks #189 out of 387 U.S. metro areas by overall cost.
What salary do I need in Janesville-Beloit, WI to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $93,703 in Janesville-Beloit, WI. Conversely, $100K earned in Janesville-Beloit, WI has the purchasing power of $106,720 at the national average.
How expensive is rent in Janesville-Beloit, WI?
Rents in Janesville-Beloit, WI are indexed at 79.6, which is 20.4% below the national average. This makes the area relatively affordable for renters.
Is Janesville-Beloit, WI getting more expensive?
From 2008 to 2024, Janesville-Beloit, WI's overall cost index changed by -0.8 points (from 94.5 to 93.7). The cost of living has remained relatively stable.
What metros have a similar cost of living to Janesville-Beloit, WI?
Metros with the most similar overall cost index include Columbia, Myrtle Beach-Conway-North Myrtle Beach, Sherman-Denison. These areas have RPP values within a few points of Janesville-Beloit, WI's 93.7.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page