Cost of living in Tichigan 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 Tichigan 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 Tichigan is 118, with 100 being the average.
The cost of living index in Tichigan is 1.2x higher than the national average.
Tichigan ranks as the #130 cheapest in Wisconsin out of 146.
Tichigan ranks as the #4,280 cheapest out of 6,489 in the US.
The median home value in Tichigan is $512,887.
The median income in Tichigan is $124,821.
According to the most recent data on the cost of living, Tichigan has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Wisconsin, Tichigan has a cost of living index that's 1.2x higher than Wisconsin's index of 95.
The standard of living in Tichigan ranks as #130 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Tichigan ranks as the #16 most expensive place in the Badger State.
For more reading on life in Tichigan, check out:
Six factors go into calculating the cost of living index in Tichigan. Here is how it fairs on each of the criteria:
The Services index in Tichigan is 100.
The Groceries index in Tichigan is 105.
The Health index in Tichigan is 112.
The Housing index in Tichigan is 155.
The Transportation index in Tichigan is 99.
The Utilities index in Tichigan is 106.
| Living Expense | Tichigan | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 118 | 95 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 105 | 100 | 100 | |
| Health | 112 | 111 | 100 | |
| Housing | 155 | 88 | 100 | |
| Transportation | 99 | 100 | 100 | |
| Utilities | 106 | 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 Tichigan is $512,887.
The Median Rent in Tichigan is $1,536.
The Median Income in Tichigan is $124,821.
The Home Value To Income in Tichigan is 4.1x.
The Rent To Monthly Income in Tichigan is 0.15x.
The cost of living varies in the cities and towns around Tichigan. 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, 0.9x Tichigan.
Brookfield, WI has a cost of living index of 121, 1.0x Tichigan.
New Berlin, WI has a cost of living index of 114, 1.0x Tichigan.
| City | Population | Cost Of Living | Vs. Tichigan |
|---|---|---|---|
| Wauwatosa, WI | 47,718 | 111 | 0.9x |
| Brookfield, WI | 41,592 | 121 | 1.0x |
| New Berlin, WI | 40,384 | 114 | 1.0x |
| Franklin, WI | 35,751 | 112 | 0.9x |
| Muskego, WI | 25,156 | 116 | 1.0x |
| Mukwonago, WI | 8,411 | 106 | 0.9x |
| Pewaukee, WI | 8,240 | 124 | 1.1x |
| Hales Corners, WI | 7,627 | 108 | 0.9x |
| Elm Grove, WI | 6,428 | 126 | 1.1x |
| Waterford, WI | 5,627 | 105 | 0.9x |