Cost of living in Mukwonago 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 Mukwonago 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 Mukwonago is 106, with 100 being the average.
The cost of living index in Mukwonago is 1.1x higher than the national average.
Mukwonago ranks as the #100 cheapest in Wisconsin out of 146.
Mukwonago ranks as the #3,278 cheapest out of 6,489 in the US.
The median home value in Mukwonago is $480,431.
The median income in Mukwonago is $96,096.
According to the most recent data on the cost of living, Mukwonago has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Wisconsin, Mukwonago has a cost of living index that's 1.1x higher than Wisconsin's index of 95.
The standard of living in Mukwonago ranks as #100 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Mukwonago ranks as the #46 most expensive place in the Badger State.
For more reading on life in Mukwonago, check out:
Six factors go into calculating the cost of living index in Mukwonago. Here is how it fairs on each of the criteria:
The Services index in Mukwonago is 98.
The Groceries index in Mukwonago is 103.
The Health index in Mukwonago is 110.
The Housing index in Mukwonago is 126.
The Transportation index in Mukwonago is 99.
The Utilities index in Mukwonago is 104.
| Living Expense | Mukwonago | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 106 | 95 | 100 | |
| Services | 98 | 98 | 100 | |
| Groceries | 103 | 100 | 100 | |
| Health | 110 | 111 | 100 | |
| Housing | 126 | 88 | 100 | |
| Transportation | 99 | 100 | 100 | |
| Utilities | 104 | 102 | 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 Mukwonago is $480,431.
The Median Rent in Mukwonago is $1,097.
The Median Income in Mukwonago is $96,096.
The Home Value To Income in Mukwonago is 5.0x.
The Rent To Monthly Income in Mukwonago is 0.14x.
The cost of living varies in the cities and towns around Mukwonago. Here's a quick look at the cost of living in the most populous nearby places:
Brookfield, WI has a cost of living index of 121, 1.1x Mukwonago.
New Berlin, WI has a cost of living index of 114, 1.1x Mukwonago.
Franklin, WI has a cost of living index of 112, 1.1x Mukwonago.
| City | Population | Cost Of Living | Vs. Mukwonago |
|---|---|---|---|
| Brookfield, WI | 41,592 | 121 | 1.1x |
| New Berlin, WI | 40,384 | 114 | 1.1x |
| Franklin, WI | 35,751 | 112 | 1.1x |
| Muskego, WI | 25,156 | 116 | 1.1x |
| Oconomowoc, WI | 18,385 | 110 | 1.0x |
| Hartland, WI | 9,716 | 112 | 1.1x |
| Hales Corners, WI | 7,627 | 108 | 1.0x |
| Delafield, WI | 7,192 | 125 | 1.2x |
| Elm Grove, WI | 6,428 | 126 | 1.2x |
| Waterford, WI | 5,627 | 105 | 1.0x |