Monona, WI Cost Of Living

The latest cost of living statistics for Monona. Includes statistics on rent, mortgages, healthcare, and other costs for Monona compared to the state and national averages.

Cost of living in Monona, Wisconsin

Cost of living in Monona 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 Monona 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:

112 Cost of living index 1.1x higher vs US
#125 Cheapest in Wisconsin (of 146)
#3,724 Cheapest in the U.S. (of 6,489)
$468,105 Median home value
$1,275 Median rent
$87,773 Median income
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What is the cost of living in Monona, WI?

According to the most recent data on the cost of living, Monona has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.

Compared to Wisconsin, Monona has a cost of living index that's 1.1x higher than Wisconsin's index of 98.

The standard of living in Monona ranks as #125 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Monona ranks as the #21 most expensive place in the Badger State.

For more reading on life in Monona, check out:

Monona Cost Of Living Vs. Wisconsin

Six factors go into calculating the cost of living index in Monona. Here is how it fares on each of the criteria:

  • The Services index in Monona is 101.

  • The Groceries index in Monona is 99.

  • The Health index in Monona is 140.

  • The Housing index in Monona is 94.

  • The Transportation index in Monona is 103.

  • The Utilities index in Monona is 101.

Living Expense Monona Wisconsin National Average
Overall 112 98 100
Services 101 98 100
Groceries 99 100 100
Health 140 91 100
Housing 94 99 100
Transportation 103 102 100
Utilities 101 100 100

Monona Cost Of Living Compared To Wisconsin Averages

Services
Monona 101
Wisconsin avg 98
Groceries
Monona 99
Wisconsin avg 100
Health
Monona 140
Wisconsin avg 91
Housing
Monona 94
Wisconsin avg 99
Transportation
Monona 103
Wisconsin avg 102
Utilities
Monona 101
Wisconsin avg 100

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Wisconsin, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Monona, WI Housing Cost Breakdown

$468,105Median Home Value
$1,275Median Rent
$87,773Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Monona is $468,105.

  • The Median Rent in Monona is $1,275.

  • The Median Income in Monona is $87,773.

  • The Home Value To Income in Monona is 5.3x.

  • The Rent To Monthly Income in Monona is 0.17x.

Statistic Monona Wisconsin United States
Median Home Value $468,105 $330,171 $332,700
Median Rent $1,275 $1,087 $1,413
Median Income $87,773 $77,485 $80,734
Home Value To Income 5.3x 4.3x 4.1x
Rent To Monthly Income 0.17x 0.17x 0.21x

Monona, WI Costs By Category

Detailed Monona Services costs vs. Wisconsin
Item Monona Wisconsin
Shampoo $1.22 $1.28
Movie $12.47 $12.13
Bowling $27.76 $18
Haircut $24.26 $24.26
Beauty Salon $66.46 $45.56
Detailed Monona Groceries costs vs. Wisconsin
Item Monona Wisconsin
Ground Beef $6.27 $5.84
Fried Chicken $1.45 $1.57
Milk $4.79 $4.67
Potatoes $4.2 $4.93
Pizza $10.96 $12.09
Beer $8.82 $10.41
Toothpaste $3.76 $3.7
Detailed Monona Health costs vs. Wisconsin
Item Monona Wisconsin
Optometrist $70.37 $125.68
Doctor $222.85 $135.78
Dentist $122.45 $113.29
Detailed Monona Transportation costs vs. Wisconsin
Item Monona Wisconsin
Gasoline $3.39 $3.46
Tire Balancing $65.66 $59.92
Detailed Monona Utilities costs vs. Wisconsin
Item Monona Wisconsin
All Electricity $226.9 $193.99
Phone $185.25 $192.25

Monona SnackAbility

9Overall SnackAbility
Jobs 9/10
Housing 8/10
Affordability 8/10
Diversity 6/10
Safety 6/10
Amenities 8.5/10
Education 9.5/10
Commute 8.5/10

Cost Of Living In Cities Around Monona

The cost of living varies in the cities and towns around Monona. Here's a quick look at the cost of living in the most populous nearby places:

  • Madison, WI has a cost of living index of 110, 1.0x Monona.

  • Sun Prairie, WI has a cost of living index of 111, 1.0x Monona.

  • Fitchburg, WI has a cost of living index of 117, 1.0x Monona.

City Population Cost Of Living Vs. Monona
Madison, WI 278,001 110 1.0x
Sun Prairie, WI 37,570 111 1.0x
Fitchburg, WI 32,619 117 1.0x
Middleton, WI 22,301 120 1.1x
Waunakee, WI 15,687 121 1.1x
Verona, WI 15,232 115 1.0x
Stoughton, WI 13,033 103 0.9x
Oregon, WI 11,547 111 1.0x
DeForest, WI 11,501 107 1.0x
McFarland, WI 9,160 109 1.0x