Cost of living in Fox Point research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fox Point is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Wisconsin, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fox Point is 120, with 100 being the average.
The cost of living index in Fox Point is 1.2x higher than the national average.
Fox Point ranks as the #134 cheapest in Wisconsin out of 146.
Fox Point ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Fox Point is $532,132.
The median income in Fox Point is $140,818.
According to the most recent data on the cost of living, Fox Point has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Wisconsin, Fox Point has a cost of living index that's 1.2x higher than Wisconsin's index of 97.
The standard of living in Fox Point ranks as #134 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Fox Point ranks as the #12 most expensive place in the Badger State.
For more reading on life in Fox Point, check out:
Six factors go into calculating the cost of living index in Fox Point. Here is how it fairs on each of the criteria:
The Services index in Fox Point is 101.
The Groceries index in Fox Point is 105.
The Health index in Fox Point is 111.
The Housing index in Fox Point is 172.
The Transportation index in Fox Point is 99.
The Utilities index in Fox Point is 105.
| Living Expense | Fox Point | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 120 | 97 | 100 | |
| Services | 101 | 95 | 100 | |
| Groceries | 105 | 98 | 100 | |
| Health | 111 | 112 | 100 | |
| Housing | 172 | 89 | 100 | |
| Transportation | 99 | 98 | 100 | |
| Utilities | 105 | 101 | 100 | |
Housing swings affordability the most between places in Wisconsin, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Fox Point is $532,132.
The Median Rent in Fox Point is $1,693.
The Median Income in Fox Point is $140,818.
The Home Value To Income in Fox Point is 3.8x.
The Rent To Monthly Income in Fox Point is 0.14x.
The cost of living varies in the cities and towns around Fox Point. Here's a quick look at the cost of living in the most populous nearby places:
Milwaukee, WI has a cost of living index of 94, 0.8x Fox Point.
Wauwatosa, WI has a cost of living index of 111, 0.9x Fox Point.
Brookfield, WI has a cost of living index of 121, 1.0x Fox Point.
| City | Population | Cost Of Living | Vs. Fox Point |
|---|---|---|---|
| Milwaukee, WI | 569,756 | 94 | 0.8x |
| Wauwatosa, WI | 47,718 | 111 | 0.9x |
| Brookfield, WI | 41,592 | 121 | 1.0x |
| New Berlin, WI | 40,384 | 114 | 0.9x |
| Menomonee Falls, WI | 38,963 | 114 | 0.9x |
| Franklin, WI | 35,751 | 112 | 0.9x |
| Mequon, WI | 25,259 | 133 | 1.1x |
| Whitefish Bay, WI | 14,750 | 126 | 1.1x |
| Shorewood, WI | 13,682 | 121 | 1.0x |
| Glendale, WI | 13,134 | 106 | 0.9x |