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Cost of Living in Goodman, WI (54125)

Executive Financial Report: Goodman (54125)

Evaluating relocation options in Marinette? The financial benchmark for residing in Goodman, WI (54125) indicates that a single worker needs roughly $2,820 monthly ($33,839.057 annually) to maintain an adequate standard of living.

With typical rent and housing utilities averaging an affordable $552 per month—just 20% of baseline expenses—Goodman offers exceptionally competitive housing costs compared to wider metropolitan averages across Wisconsin.

Local earnings in Goodman (54125) demonstrate strong purchasing power. The area median family income of $62,543 significantly exceeds the annual baseline living threshold ($33,839.057) by a ratio of 1.85x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.

Tax obligations represent roughly 15% ($419/month) of baseline monthly spending in zip code 54125. State and federal tax obligations form a consistent component of monthly financial planning. Meanwhile, essential groceries average $236 monthly for single adults.

In summary, living in Goodman, WI requires balancing local real estate conditions with prevailing regional wage structures. Use the interactive calculator below to adjust these benchmarks for multi-person family households or compare 54125 against other US destinations.

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Total Monthly Cost$2,820Est. $33,839 / year
Housing / Rent$55219.6% of monthly budget
Food & Groceries$236Essential food benchmarks
Area Median Income$62,543Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$552
Food$236
Transportation$912
Healthcare$416
Taxes$419
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