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Economists Salary in Wisconsin: Cost of Living Adjusted (2025)

Last updated: 2025 BLS data · Page refreshed:

What does a Economists salary really buy you in Wisconsin?

Wisconsin is 7.7% cheaper than the US average

Data: BLS OEWS 2025 + BEA Regional Price Parities 2022 • Updated 2026-05-19

Nominal Salary
$84,000
Median annual (2025)
+8.3%
Real Purchasing Power
$91,007
COL-adjusted (RPP=92.3)

Wisconsin Cost of Living Index

Wisconsin's Regional Price Parity (RPP) is 92.3, meaning prices are 7.7% lower the national average. A Economists earning $84,000 in Wisconsin has the equivalent purchasing power of $91,007 in an average-cost US state.

WI: 92.3
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Wisconsin's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $53,340 $57,789 +$4,449
25th Percentile (P25) $72,920 $79,003 +$6,083
Median (P50) $84,000 $91,007 +$7,007
75th Percentile (P75) $110,970 $120,227 +$9,257
90th Percentile (P90) $132,270 $143,304 +$11,034
Key Insight

A Economists in Wisconsin earns $84,000 on paper, but low living costs mean your money goes 8% further — like earning $91,007 in an average-cost state. This makes Wisconsin one of the best value states for this occupation.

What the Cost-of-Living Data Says

Wisconsin Runs Well Below National Cost

RPP 92.3

Wisconsin's Regional Price Parity (RPP) of 92.3 means a basket of goods and services costs about 7.7% less than the national average. For a Economists, every dollar earned effectively buys more here than in a 100-RPP state.

Meaningful Purchasing-Power Shift

+8.3%

After applying Wisconsin's RPP, the $84,000 median salary translates to $91,008 in real terms — a 8.3% gain. That difference can cover several months of expenses over a year for a Economists.

Bottom-Quartile COL-Adjusted Pay

#32 / 40

Wisconsin ranks #32 of 40 — bottom quartile for Economists real purchasing power. Relocation, employer negotiation, or remote roles at higher-paying markets tend to generate the biggest ROI.

Best States for Economists (After Cost of Living)

Where does Economists salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

$162,367
RPP 98.0
2. Kansas
$154,211
RPP 90.0
$153,998
RPP 108.8
4. Alabama
$148,018
RPP 87.8
$144,532
RPP 94.2
$143,730
RPP 116.6
7. Idaho
$142,995
RPP 91.8
$137,790
RPP 105.0
$134,760
RPP 102.1
10. Ohio
$131,147
RPP 91.5

Wisconsin ranks #32 out of 40 states for Economists after cost-of-living adjustment.

How much do you actually take home? See Economists take-home pay in Wisconsin after taxes →

Frequently Asked Questions

What is the real salary for a Economists in Wisconsin after cost of living?

A Economists in Wisconsin earns a median salary of $84,000 per year. After adjusting for Wisconsin's cost of living (RPP=92.3), the real purchasing power is $91,007 — a +8.3% difference.

Is Wisconsin expensive to live in?

Wisconsin's cost of living is 7.7% lower than the national average according to the BEA Regional Price Parities (2022). The RPP index for Wisconsin is 92.3 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Economists in Wisconsin: $84,000 x (100 / 92.3) = $91,007. This represents what the salary would be worth in a state with average living costs.

Is it better to be a Economists in Wisconsin financially?

From a purchasing power perspective, yes. A Economists in Wisconsin enjoys 8.3% more buying power than the nominal salary suggests, because living costs are below the national average. However, other factors like job availability, career growth, and quality of life also matter.

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