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2024 BEA RPP All 4 categories Federal source

Racine-Mount Pleasant, WI

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

CBSA: 39540 · Data year: 2024 · Rank: #147 of 387

Racine-Mount Pleasant, WI has a cost of living index of 96.0, meaning it's 4.0% less expensive than the national average. Goods cost 6.2% less, services 10.0% less, and rents are 8.0% below average. A $100K national salary has the purchasing power of $104,209 here.

What the Numbers Mean for Racine

Racine ranks #147 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 96.0, Racine-Mount Pleasant, WI is 4.0% less expensive than the national baseline of 100. The gap between Racine's most and least expensive categories — the priciest line item versus services at 90.0 — 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 $104,209 inside Racine, while a household needs roughly $95,961 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 92.0 — 8.0% 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, Racine's overall index has stayed within 0.4 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 93.8 and services at 90.0, meaning everyday spending in Racine 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.

Racine Cost Index at a Glance

Racine all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10096

Racine category breakdown

BEA RPP composition by goods, services, rents, overall

Rents92.029Services90.021Goods93.787Overall95.961

Price Index Summary

Overall

96.0

-4.0 below avg

Goods

93.8

-6.2 below avg

Services

90.0

-10.0 below avg

Rents

92.0

-8.0 below avg

Price Index vs National Average (100)

Overall
National avg

Index 96.0 (-4.0 vs national avg)

Goods
National avg

Index 93.8 (-6.2 vs national avg)

Services
National avg

Index 90.0 (-10.0 vs national avg)

Rents
National avg

Index 92.0 (-8.0 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Services -10.0% (90.0)
Rents -8.0% (92.0)
Goods -6.2% (93.8)
Overall -4.0% (96.0)

Income Adequacy in Racine

Racine income adequacy score

$75,000 median income vs RPP 96.0

0/100100/100100/100

Salary Equivalent

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

$95,961

in Racine-Mount Pleasant, WI purchasing power

$50,000 nationally
$47,981
$75,000 nationally
$71,971
$125,000 nationally
$119,951
$150,000 nationally
$143,942
$200,000 nationally
$191,922

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.4 points over this period.

Year Overall
2008 96.3
2009 96.4
2010 94.6
2011 93.6
2012 94.4
2013 95.2
2014 95.4
2015 96.8
2016 94.6
2017 98.5
2018 93.7
2019 94.2
2020 93.9
2021 92.2
2022 90.9
2023 95.2
2024 96.0

Metros with Similar Cost of Living

These metros have an overall RPP closest to Racine-Mount Pleasant, WI's index of 96.0.

Related Data for Racine

Frequently Asked Questions

What is the cost of living in Racine-Mount Pleasant, WI?
Racine-Mount Pleasant, WI has a Regional Price Parity (RPP) index of 96.0, meaning it is 4.0% less expensive than the national average. Goods are indexed at 93.8, services at 90.0, and rents at 92.0. It ranks #147 out of 387 U.S. metro areas by overall cost.
What salary do I need in Racine-Mount Pleasant, WI to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $95,961 in Racine-Mount Pleasant, WI. Conversely, $100K earned in Racine-Mount Pleasant, WI has the purchasing power of $104,209 at the national average.
How expensive is rent in Racine-Mount Pleasant, WI?
Rents in Racine-Mount Pleasant, WI are indexed at 92.0, which is 8.0% below the national average. This is close to the U.S. average.
Is Racine-Mount Pleasant, WI getting more expensive?
From 2008 to 2024, Racine-Mount Pleasant, WI's overall cost index changed by -0.4 points (from 96.3 to 96.0). The cost of living has remained relatively stable.
What metros have a similar cost of living to Racine-Mount Pleasant, WI?
Metros with the most similar overall cost index include Vineland, Logan, York-Hanover. These areas have RPP values within a few points of Racine-Mount Pleasant, WI's 96.0.

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