Menomonee Falls, WI Cost Of Living
Cost Of Living In Menomonee Falls, WI Summary
Cost of living in Menomonee Falls 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 Menomonee Falls 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 Menomonee Falls is 114, with 100 being the average.
The cost of living index in Menomonee Falls is 1.1x higher than the national average.
Menomonee Falls ranks as the #122 cheapest in Wisconsin out of 146.
Menomonee Falls ranks as the #4,023 cheapest out of 6,489 in the US.
The median home value in Menomonee Falls is $421,766.
The median income in Menomonee Falls is $98,460.
Table Of Contents
Menomonee Falls's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Menomonee Falls, WI?
According to the most recent data on the cost of living, Menomonee Falls has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Wisconsin, Menomonee Falls has a cost of living index that's 1.2x higher than Wisconsin's index of 95.
The standard of living in Menomonee Falls ranks as #122 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Menomonee Falls ranks as the #24 most expensive place in the Badger State.
For more reading on life in Menomonee Falls, check out:
In Wisconsin
In America
Menomonee Falls Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Menomonee Falls. Here is how it fairs on each of the criteria:
The Services index in Menomonee Falls is 101.
The Groceries index in Menomonee Falls is 104.
The Health index in Menomonee Falls is 111.
The Housing index in Menomonee Falls is 135.
The Transportation index in Menomonee Falls is 99.
The Utilities index in Menomonee Falls is 103.
| Living Expense | Menomonee Falls | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 114 | 95 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 104 | 100 | 100 | |
| Health | 111 | 111 | 100 | |
| Housing | 135 | 88 | 100 | |
| Transportation | 99 | 100 | 100 | |
| Utilities | 103 | 102 | 100 | |
Menomonee Falls, WI Housing Cost Breakdown
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 Menomonee Falls is $421,766.
The Median Rent in Menomonee Falls is $1,257.
The Median Income in Menomonee Falls is $98,460.
The Home Value To Income in Menomonee Falls is 4.3x.
The Rent To Monthly Income in Menomonee Falls is 0.15x.
| Statistic | Menomonee Falls | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $421,766 | $328,216 | $303,400 |
| Median Rent | $1,257 | $1,045 | $1,348 |
| Median Income | $98,460 | $75,670 | $78,538 |
| Home Value To Income | 4.3x | 4.3x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Menomonee Falls, WI Costs By Category
Detailed Menomonee Falls Services Costs Vs. Wisconsin
| Item | Menomonee Falls | Wisconsin |
|---|---|---|
| Shampoo | $1.07 | $1.28 |
| Movie | $10.26 | $12.13 |
| Bowling | $10.03 | $18 |
| Haircut | $20.21 | $24.26 |
| Beauty Salon | $33.25 | $45.56 |
Detailed Menomonee Falls Groceries Costs Vs. Wisconsin
| Item | Menomonee Falls | 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 |
Detailed Menomonee Falls Health Costs Vs. Wisconsin
| Item | Menomonee Falls | Wisconsin |
|---|---|---|
| Optometrist | $278.65 | $125.68 |
| Doctor | $223.73 | $135.78 |
| Dentist | $106.79 | $113.29 |
Detailed Menomonee Falls Transportation Costs Vs. Wisconsin
| Item | Menomonee Falls | Wisconsin |
|---|---|---|
| Gasoline | $3.3 | $3.46 |
| Tire Balancing | $44.14 | $59.92 |
Detailed Menomonee Falls Utilities Costs Vs. Wisconsin
| Item | Menomonee Falls | Wisconsin |
|---|---|---|
| All Electricity | $182.69 | $193.99 |
| Phone | $185.79 | $192.25 |
Menomonee Falls SnackAbility
/10
Cost Of Living In Cities Around Menomonee Falls
The cost of living varies in the cities and towns around Menomonee Falls. 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 Menomonee Falls.
Brookfield, WI has a cost of living index of 121, 1.1x Menomonee Falls.
Mequon, WI has a cost of living index of 133, 1.2x Menomonee Falls.
| City | Population | Cost Of Living | Vs. Menomonee Falls |
|---|---|---|---|
| Wauwatosa, WI | 47,718 | 111 | 1.0x |
| Brookfield, WI | 41,592 | 121 | 1.1x |
| Mequon, WI | 25,259 | 133 | 1.2x |
| Oconomowoc, WI | 18,385 | 110 | 1.0x |
| Whitefish Bay, WI | 14,750 | 126 | 1.1x |
| Brown Deer, WI | 12,615 | 101 | 0.9x |
| Cedarburg, WI | 12,317 | 116 | 1.0x |
| Richfield, WI | 11,806 | 122 | 1.1x |
| Sussex, WI | 11,795 | 113 | 1.0x |
| Hartland, WI | 9,716 | 112 | 1.0x |
