Cost of living in New Berlin 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 New Berlin 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 New Berlin is 114, with 100 being the average.
The cost of living index in New Berlin is 1.1x higher than the national average.
New Berlin ranks as the #122 cheapest in Wisconsin out of 146.
New Berlin ranks as the #4,023 cheapest out of 6,489 in the US.
The median home value in New Berlin is $432,603.
The median income in New Berlin is $97,414.
According to the most recent data on the cost of living, New Berlin has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Wisconsin, New Berlin has a cost of living index that's 1.2x higher than Wisconsin's index of 95.
The standard of living in New Berlin ranks as #122 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies New Berlin ranks as the #24 most expensive place in the Badger State.
For more reading on life in New Berlin, check out:
Six factors go into calculating the cost of living index in New Berlin. Here is how it fairs on each of the criteria:
The Services index in New Berlin is 100.
The Groceries index in New Berlin is 105.
The Health index in New Berlin is 112.
The Housing index in New Berlin is 141.
The Transportation index in New Berlin is 97.
The Utilities index in New Berlin is 105.
| Living Expense | New Berlin | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 114 | 95 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 105 | 100 | 100 | |
| Health | 112 | 111 | 100 | |
| Housing | 141 | 88 | 100 | |
| Transportation | 97 | 100 | 100 | |
| Utilities | 105 | 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 New Berlin is $432,603.
The Median Rent in New Berlin is $1,409.
The Median Income in New Berlin is $97,414.
The Home Value To Income in New Berlin is 4.4x.
The Rent To Monthly Income in New Berlin is 0.17x.
| Statistic | New Berlin | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $432,603 | $328,216 | $303,400 |
| Median Rent | $1,409 | $1,045 | $1,348 |
| Median Income | $97,414 | $75,670 | $78,538 |
| Home Value To Income | 4.4x | 4.3x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.21x |
| Item | New Berlin | 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 |
| Item | New Berlin | 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 | New Berlin | Wisconsin |
|---|---|---|
| Optometrist | $278.65 | $125.68 |
| Doctor | $223.73 | $135.78 |
| Dentist | $106.79 | $113.29 |
| Item | New Berlin | Wisconsin |
|---|---|---|
| Gasoline | $3.3 | $3.46 |
| Tire Balancing | $44.14 | $59.92 |
| Item | New Berlin | Wisconsin |
|---|---|---|
| All Electricity | $182.69 | $193.99 |
| Phone | $185.79 | $192.25 |
The cost of living varies in the cities and towns around New Berlin. Here's a quick look at the cost of living in the most populous nearby places:
Waukesha, WI has a cost of living index of 107, 0.9x New Berlin.
West Allis, WI has a cost of living index of 97, 0.9x New Berlin.
Wauwatosa, WI has a cost of living index of 111, 1.0x New Berlin.
| City | Population | Cost Of Living | Vs. New Berlin |
|---|---|---|---|
| Waukesha, WI | 70,779 | 107 | 0.9x |
| West Allis, WI | 59,588 | 97 | 0.9x |
| Wauwatosa, WI | 47,718 | 111 | 1.0x |
| Brookfield, WI | 41,592 | 121 | 1.1x |
| Menomonee Falls, WI | 38,963 | 114 | 1.0x |
| Greenfield, WI | 37,361 | 103 | 0.9x |
| Mequon, WI | 25,259 | 133 | 1.2x |
| Muskego, WI | 25,156 | 116 | 1.0x |
| Whitefish Bay, WI | 14,750 | 126 | 1.1x |
| Greendale, WI | 14,656 | 103 | 0.9x |