Oak Creek, WI Cost Of Living
Cost Of Living In Oak Creek, WI Summary
Cost of living in Oak Creek 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 Oak Creek 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 Oak Creek is 107, with 100 being the average.
The cost of living index in Oak Creek is 1.1x higher than the national average.
Oak Creek ranks as the #104 cheapest in Wisconsin out of 146.
Oak Creek ranks as the #3,374 cheapest out of 6,489 in the US.
The median home value in Oak Creek is $395,581.
The median income in Oak Creek is $93,120.
Table Of Contents
Oak Creek's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Oak Creek, WI?
According to the most recent data on the cost of living, Oak Creek has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Wisconsin, Oak Creek has a cost of living index that's 1.1x higher than Wisconsin's index of 95.
The standard of living in Oak Creek ranks as #104 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Oak Creek ranks as the #42 most expensive place in the Badger State.
For more reading on life in Oak Creek, check out:
In Wisconsin
In America
Oak Creek Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Oak Creek. Here is how it fairs on each of the criteria:
The Services index in Oak Creek is 101.
The Groceries index in Oak Creek is 103.
The Health index in Oak Creek is 113.
The Housing index in Oak Creek is 126.
The Transportation index in Oak Creek is 100.
The Utilities index in Oak Creek is 103.
| Living Expense | Oak Creek | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 107 | 95 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 103 | 100 | 100 | |
| Health | 113 | 111 | 100 | |
| Housing | 126 | 88 | 100 | |
| Transportation | 100 | 100 | 100 | |
| Utilities | 103 | 102 | 100 | |
Oak Creek, 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 Oak Creek is $395,581.
The Median Rent in Oak Creek is $1,397.
The Median Income in Oak Creek is $93,120.
The Home Value To Income in Oak Creek is 4.2x.
The Rent To Monthly Income in Oak Creek is 0.18x.
Median Home Value
Median Rent
Median Income
Oak Creek, WI Costs By Category
Detailed Oak Creek Services Costs Vs. Wisconsin
Detailed Oak Creek Groceries Costs Vs. Wisconsin
Detailed Oak Creek Health Costs Vs. Wisconsin
Detailed Oak Creek Transportation Costs Vs. Wisconsin
Detailed Oak Creek Utilities Costs Vs. Wisconsin
Oak Creek SnackAbility
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Cost Of Living In Cities Around Oak Creek
The cost of living varies in the cities and towns around Oak Creek. 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 Oak Creek.
Brookfield, WI has a cost of living index of 121, 1.1x Oak Creek.
New Berlin, WI has a cost of living index of 114, 1.1x Oak Creek.
| City | Population | Cost Of Living | Vs. Oak Creek |
|---|---|---|---|
| Wauwatosa, WI | 47,718 | 111 | 1.0x |
| Brookfield, WI | 41,592 | 121 | 1.1x |
| New Berlin, WI | 40,384 | 114 | 1.1x |
| Greenfield, WI | 37,361 | 103 | 1.0x |
| Franklin, WI | 35,751 | 112 | 1.0x |
| Caledonia, WI | 25,292 | 107 | 1.0x |
| Muskego, WI | 25,156 | 116 | 1.1x |
| South Milwaukee, WI | 20,547 | 99 | 0.9x |
| Cudahy, WI | 17,964 | 97 | 0.9x |
| Whitefish Bay, WI | 14,750 | 126 | 1.2x |
