The cost of living in Oconomowoc, Wisconsin (WI) is higher than the average cost of living in the state of Wisconsin but lower than the nationwide city average. The average annual pay in Oconomowoc is $53,077.00, which is $7,069.00 higher than the salary average in Wisconsin but lower than the U.S. average yearly wages by $544.00.
The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Oconomowoc annual salary, sales tax rates and the regional consumer price index.