Cost of living in Waterford 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 Waterford 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 Waterford is 105, with 100 being the average.
The cost of living index in Waterford is 1.1x higher than the national average.
Waterford ranks as the #97 cheapest in Wisconsin out of 146.
Waterford ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in Waterford is $427,901.
The median income in Waterford is $80,380.
According to the most recent data on the cost of living, Waterford has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Wisconsin, Waterford has a cost of living index that's 1.1x higher than Wisconsin's index of 95.
The standard of living in Waterford ranks as #97 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Waterford ranks as the #49 most expensive place in the Badger State.
For more reading on life in Waterford, check out:
Six factors go into calculating the cost of living index in Waterford. Here is how it fairs on each of the criteria:
The Services index in Waterford is 99.
The Groceries index in Waterford is 101.
The Health index in Waterford is 110.
The Housing index in Waterford is 114.
The Transportation index in Waterford is 99.
The Utilities index in Waterford is 105.
| Living Expense | Waterford | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 105 | 95 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 101 | 100 | 100 | |
| Health | 110 | 111 | 100 | |
| Housing | 114 | 88 | 100 | |
| Transportation | 99 | 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 Waterford is $427,901.
The Median Rent in Waterford is $1,278.
The Median Income in Waterford is $80,380.
The Home Value To Income in Waterford is 5.3x.
The Rent To Monthly Income in Waterford is 0.19x.
The cost of living varies in the cities and towns around Waterford. 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, 1.0x Waterford.
New Berlin, WI has a cost of living index of 114, 1.1x Waterford.
Oak Creek, WI has a cost of living index of 107, 1.0x Waterford.
| City | Population | Cost Of Living | Vs. Waterford |
|---|---|---|---|
| Waukesha, WI | 70,779 | 107 | 1.0x |
| New Berlin, WI | 40,384 | 114 | 1.1x |
| Oak Creek, WI | 36,473 | 107 | 1.0x |
| Franklin, WI | 35,751 | 112 | 1.1x |
| Muskego, WI | 25,156 | 116 | 1.1x |
| Greendale, WI | 14,656 | 103 | 1.0x |
| Burlington, WI | 11,021 | 101 | 1.0x |
| Mukwonago, WI | 8,411 | 106 | 1.0x |
| Hales Corners, WI | 7,627 | 108 | 1.0x |
| Tichigan, WI | 5,173 | 118 | 1.1x |