This report addresses income adequacy for Wisconsin’s older adults using the WOW-GI Elder Economic Security Standard Index (the Index) methodology. The Index benchmarks basic costs of living for elder households and illustrates how costs of living vary geographically and are based on the characteristics of elder households, including household size, home ownership or renter status, and health status. The costs are based on market costs for basic needs of elder households and do not assume any public or private supports.
Mutchler, Jan E.; Gottlieb, Alison; Bruce, Ellen A.; and Russell, Laura Henze, "The Elder Economic Security Initiative™ Program: The Elder Economic Security Standard™ Index for Wisconsin" (2008). Gerontology Institute Publications. 45.