Shorewood, WI Cost Of Living

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

Cost of living in Shorewood, Wisconsin

Cost of living in Shorewood 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 Shorewood 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:

122 Cost of living index 1.2x higher vs US
#141 Cheapest in Wisconsin (of 146)
#4,474 Cheapest in the U.S. (of 6,489)
$544,885 Median home value
$1,347 Median rent
$86,726 Median income
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What is the cost of living in Shorewood, WI?

According to the most recent data on the cost of living, Shorewood has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.

Compared to Wisconsin, Shorewood has a cost of living index that's 1.2x higher than Wisconsin's index of 98.

The standard of living in Shorewood ranks as #141 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Shorewood ranks as the #5 most expensive place in the Badger State.

For more reading on life in Shorewood, check out:

Shorewood Cost Of Living Vs. Wisconsin

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

  • The Services index in Shorewood is 102.

  • The Groceries index in Shorewood is 100.

  • The Health index in Shorewood is 168.

  • The Housing index in Shorewood is 100.

  • The Transportation index in Shorewood is 104.

  • The Utilities index in Shorewood is 102.

Living Expense Shorewood Wisconsin National Average
Overall 122 98 100
Services 102 98 100
Groceries 100 100 100
Health 168 91 100
Housing 100 99 100
Transportation 104 102 100
Utilities 102 100 100

Shorewood Cost Of Living Compared To Wisconsin Averages

Services
Shorewood 102
Wisconsin avg 98
Groceries
Shorewood 100
Wisconsin avg 100
Health
Shorewood 168
Wisconsin avg 91
Housing
Shorewood 100
Wisconsin avg 99
Transportation
Shorewood 104
Wisconsin avg 102
Utilities
Shorewood 102
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

Shorewood, WI Housing Cost Breakdown

$544,885Median Home Value
$1,347Median Rent
$86,726Median 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 Shorewood is $544,885.

  • The Median Rent in Shorewood is $1,347.

  • The Median Income in Shorewood is $86,726.

  • The Home Value To Income in Shorewood is 6.3x.

  • The Rent To Monthly Income in Shorewood is 0.19x.

Statistic Shorewood Wisconsin United States
Median Home Value $544,885 $330,171 $332,700
Median Rent $1,347 $1,087 $1,413
Median Income $86,726 $77,485 $80,734
Home Value To Income 6.3x 4.3x 4.1x
Rent To Monthly Income 0.19x 0.17x 0.21x

Shorewood, WI Costs By Category

Detailed Shorewood Services costs vs. Wisconsin
Item Shorewood 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 Shorewood Groceries costs vs. Wisconsin
Item Shorewood 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 Shorewood Health costs vs. Wisconsin
Item Shorewood Wisconsin
Optometrist $278.65 $125.68
Doctor $223.73 $135.78
Dentist $106.79 $113.29
Detailed Shorewood Transportation costs vs. Wisconsin
Item Shorewood Wisconsin
Gasoline $3.3 $3.46
Tire Balancing $44.14 $59.92
Detailed Shorewood Utilities costs vs. Wisconsin
Item Shorewood Wisconsin
All Electricity $182.69 $193.99
Phone $185.79 $192.25

Shorewood SnackAbility

7.5Overall SnackAbility
Jobs 8.5/10
Housing 8.5/10
Affordability 7/10
Diversity 7/10
Safety 7/10
Amenities 9/10
Education 10/10
Commute 8/10

Cost Of Living In Cities Around Shorewood

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

  • Milwaukee, WI has a cost of living index of 95, 0.8x Shorewood.

  • Wauwatosa, WI has a cost of living index of 110, 0.9x Shorewood.

  • Brookfield, WI has a cost of living index of 120, 1.0x Shorewood.

City Population Cost Of Living Vs. Shorewood
Milwaukee, WI 566,973 95 0.8x
Wauwatosa, WI 48,529 110 0.9x
Brookfield, WI 41,273 120 1.0x
New Berlin, WI 40,270 111 0.9x
Menomonee Falls, WI 39,539 111 0.9x
Muskego, WI 25,406 116 1.0x
Mequon, WI 25,270 128 1.0x
Whitefish Bay, WI 14,665 127 1.0x
Glendale, WI 13,656 105 0.9x
Cedarburg, WI 12,605 116 1.0x