What is the cost of living in Oconomowoc, WI?
According to the most recent data on the cost of living, Oconomowoc has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Wisconsin, Oconomowoc has a cost of living index that's 1.1x higher than Wisconsin's index of 98.
The standard of living in Oconomowoc ranks as #120 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Oconomowoc ranks as the #26 most expensive place in the Badger State.
For more reading on life in Oconomowoc, check out:
Oconomowoc Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Oconomowoc. Here is how it fares on each of the criteria:
The Services index in Oconomowoc is 101.
The Groceries index in Oconomowoc is 98.
The Health index in Oconomowoc is 139.
The Housing index in Oconomowoc is 96.
The Transportation index in Oconomowoc is 100.
The Utilities index in Oconomowoc is 93.
| Living Expense | Oconomowoc | Wisconsin | National Average |
|---|---|---|---|
| Overall | 111 | 98 | 100 |
| Services | 101 | 98 | 100 |
| Groceries | 98 | 100 | 100 |
| Health | 139 | 91 | 100 |
| Housing | 96 | 99 | 100 |
| Transportation | 100 | 102 | 100 |
| Utilities | 93 | 100 | 100 |
Oconomowoc Cost Of Living Compared To Wisconsin Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Wisconsin, check out:
Protect your home budget Compare home warranties in Oconomowoc Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Oconomowoc, 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 2020-2024. The key points are:
The Median Home Value in Oconomowoc is $537,005.
The Median Rent in Oconomowoc is $1,301.
The Median Income in Oconomowoc is $106,425.
The Home Value To Income in Oconomowoc is 5.0x.
The Rent To Monthly Income in Oconomowoc is 0.15x.
| Statistic | Oconomowoc | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $537,005 | $330,171 | $332,700 |
| Median Rent | $1,301 | $1,087 | $1,413 |
| Median Income | $106,425 | $77,485 | $80,734 |
| Home Value To Income | 5.0x | 4.3x | 4.1x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.21x |
Oconomowoc, WI Costs By Category
Detailed Oconomowoc Services costs vs. Wisconsin
| Item | Oconomowoc | 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 Oconomowoc Groceries costs vs. Wisconsin
| Item | Oconomowoc | 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 Oconomowoc Health costs vs. Wisconsin
| Item | Oconomowoc | Wisconsin |
|---|---|---|
| Optometrist | $278.65 | $125.68 |
| Doctor | $223.73 | $135.78 |
| Dentist | $106.79 | $113.29 |
Detailed Oconomowoc Transportation costs vs. Wisconsin
| Item | Oconomowoc | Wisconsin |
|---|---|---|
| Gasoline | $3.3 | $3.46 |
| Tire Balancing | $44.14 | $59.92 |
Detailed Oconomowoc Utilities costs vs. Wisconsin
| Item | Oconomowoc | Wisconsin |
|---|---|---|
| All Electricity | $182.69 | $193.99 |
| Phone | $185.79 | $192.25 |
Oconomowoc SnackAbility
Cost Of Living In Cities Around Oconomowoc
The cost of living varies in the cities and towns around Oconomowoc. 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 120, 1.1x Oconomowoc.
Menomonee Falls, WI has a cost of living index of 111, 1.0x Oconomowoc.
Hartford, WI has a cost of living index of 100, 0.9x Oconomowoc.
| City | Population | Cost Of Living | Vs. Oconomowoc |
|---|---|---|---|
| Brookfield, WI | 41,273 | 120 | 1.1x |
| Menomonee Falls, WI | 39,539 | 111 | 1.0x |
| Hartford, WI | 15,821 | 100 | 0.9x |
| Sussex, WI | 12,066 | 112 | 1.0x |
| Richfield, WI | 11,755 | 116 | 1.0x |
| Hartland, WI | 9,972 | 113 | 1.0x |
| Mukwonago, WI | 8,415 | 104 | 0.9x |
| Pewaukee, WI | 8,196 | 121 | 1.1x |
| Delafield, WI | 7,202 | 126 | 1.1x |
| Summit, WI | 5,114 | 129 | 1.2x |
