Cost of living in Grafton 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 Grafton 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 Grafton is 107, with 100 being the average.
The cost of living index in Grafton is 1.1x higher than the national average.
Grafton ranks as the #104 cheapest in Wisconsin out of 146.
Grafton ranks as the #3,374 cheapest out of 6,489 in the US.
The median home value in Grafton is $441,084.
The median income in Grafton is $88,634.
According to the most recent data on the cost of living, Grafton has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Wisconsin, Grafton has a cost of living index that's 1.1x higher than Wisconsin's index of 97.
The standard of living in Grafton ranks as #104 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Grafton ranks as the #42 most expensive place in the Badger State.
For more reading on life in Grafton, check out:
Six factors go into calculating the cost of living index in Grafton. Here is how it fairs on each of the criteria:
The Services index in Grafton is 101.
The Groceries index in Grafton is 104.
The Health index in Grafton is 109.
The Housing index in Grafton is 119.
The Transportation index in Grafton is 98.
The Utilities index in Grafton is 104.
| Living Expense | Grafton | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 107 | 97 | 100 | |
| Services | 101 | 95 | 100 | |
| Groceries | 104 | 98 | 100 | |
| Health | 109 | 112 | 100 | |
| Housing | 119 | 89 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 104 | 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 Grafton is $441,084.
The Median Rent in Grafton is $1,162.
The Median Income in Grafton is $88,634.
The Home Value To Income in Grafton is 5.0x.
The Rent To Monthly Income in Grafton is 0.16x.
The cost of living varies in the cities and towns around Grafton. Here's a quick look at the cost of living in the most populous nearby places:
Wauwatosa, WI has a cost of living index of 111, 1.0x Grafton.
Brookfield, WI has a cost of living index of 121, 1.1x Grafton.
Menomonee Falls, WI has a cost of living index of 114, 1.1x Grafton.
| City | Population | Cost Of Living | Vs. Grafton |
|---|---|---|---|
| Wauwatosa, WI | 47,718 | 111 | 1.0x |
| Brookfield, WI | 41,592 | 121 | 1.1x |
| Menomonee Falls, WI | 38,963 | 114 | 1.1x |
| Mequon, WI | 25,259 | 133 | 1.2x |
| Whitefish Bay, WI | 14,750 | 126 | 1.2x |
| Brown Deer, WI | 12,615 | 101 | 0.9x |
| Port Washington, WI | 12,569 | 105 | 1.0x |
| Cedarburg, WI | 12,317 | 116 | 1.1x |
| Richfield, WI | 11,806 | 122 | 1.1x |
| Jackson, WI | 7,882 | 105 | 1.0x |