Cost of living in Greenfield 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 Greenfield 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 Greenfield is 103, with 100 being the average.
The cost of living index in Greenfield is 1.0x higher than the national average.
Greenfield ranks as the #91 cheapest in Wisconsin out of 146.
Greenfield ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Greenfield is $317,512.
The median income in Greenfield is $69,016.
According to the most recent data on the cost of living, Greenfield has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Wisconsin, Greenfield has a cost of living index that's 1.1x higher than Wisconsin's index of 97.
The standard of living in Greenfield ranks as #91 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Greenfield ranks as the #55 most expensive place in the Badger State.
For more reading on life in Greenfield, check out:
Six factors go into calculating the cost of living index in Greenfield. Here is how it fairs on each of the criteria:
The Services index in Greenfield is 97.
The Groceries index in Greenfield is 104.
The Health index in Greenfield is 109.
The Housing index in Greenfield is 102.
The Transportation index in Greenfield is 97.
The Utilities index in Greenfield is 103.
| Living Expense | Greenfield | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 103 | 97 | 100 | |
| Services | 97 | 95 | 100 | |
| Groceries | 104 | 98 | 100 | |
| Health | 109 | 112 | 100 | |
| Housing | 102 | 89 | 100 | |
| Transportation | 97 | 98 | 100 | |
| Utilities | 103 | 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 Greenfield is $317,512.
The Median Rent in Greenfield is $1,123.
The Median Income in Greenfield is $69,016.
The Home Value To Income in Greenfield is 4.6x.
The Rent To Monthly Income in Greenfield is 0.2x.
| Statistic | Greenfield | Wisconsin | United States | 
|---|---|---|---|
| Median Home Value | $317,512 | $328,216 | $303,400 | 
| Median Rent | $1,123 | $1,045 | $1,348 | 
| Median Income | $69,016 | $75,670 | $78,538 | 
| Home Value To Income | 4.6x | 4.3x | 3.9x | 
| Rent To Monthly Income | 0.2x | 0.17x | 0.21x | 
| Item | Greenfield | Wisconsin | 
|---|---|---|
| Shampoo | $1.07 | $1.28 | 
| Movie | $10.26 | $12.13 | 
| Bowling | $10.03 | $18.0 | 
| Haircut | $20.21 | $24.26 | 
| Beauty Salon | $33.25 | $45.56 | 
| Item | Greenfield | Wisconsin | 
|---|---|---|
| Ground Beef | $6.05 | $5.84 | 
| Fried Chicken | $1.46 | $1.57 | 
| Milk | $4.55 | $4.67 | 
| Potatoes | $4.1 | $4.93 | 
| Pizza | $11.33 | $12.09 | 
| Beer | $8.52 | $10.41 | 
| Toothpaste | $3.66 | $3.7 | 
| Item | Greenfield | Wisconsin | 
|---|---|---|
| Optometrist | $278.65 | $125.68 | 
| Doctor | $223.73 | $135.78 | 
| Dentist | $106.79 | $113.29 | 
| Item | Greenfield | Wisconsin | 
|---|---|---|
| Gasoline | $3.3 | $3.46 | 
| Tire Balancing | $44.14 | $59.92 | 
| Item | Greenfield | Wisconsin | 
|---|---|---|
| All Electricity | $182.69 | $193.99 | 
| Phone | $185.79 | $192.25 | 
The cost of living varies in the cities and towns around Greenfield. Here's a quick look at the cost of living in the most populous nearby places:
West Allis, WI has a cost of living index of 97, 0.9x Greenfield.
Wauwatosa, WI has a cost of living index of 111, 1.1x Greenfield.
Brookfield, WI has a cost of living index of 121, 1.2x Greenfield.
| City | Population | Cost Of Living | Vs. Greenfield | 
|---|---|---|---|
| West Allis, WI | 59,588 | 97 | 0.9x | 
| Wauwatosa, WI | 47,718 | 111 | 1.1x | 
| Brookfield, WI | 41,592 | 121 | 1.2x | 
| New Berlin, WI | 40,384 | 114 | 1.1x | 
| Menomonee Falls, WI | 38,963 | 114 | 1.1x | 
| Franklin, WI | 35,751 | 112 | 1.1x | 
| Mequon, WI | 25,259 | 133 | 1.3x | 
| Muskego, WI | 25,156 | 116 | 1.1x | 
| Cudahy, WI | 17,964 | 97 | 0.9x | 
| Whitefish Bay, WI | 14,750 | 126 | 1.2x |