Cost of living in Caledonia 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 Caledonia 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 Caledonia is 97, with 100 being the average.
The cost of living index in Caledonia is 1.0x lower than the national average.
Caledonia ranks as the #83 cheapest in Wisconsin out of 143.
Caledonia ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Caledonia is $226,900.
The median income in Caledonia is $87,961.
According to the most recent data on the cost of living, Caledonia has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Wisconsin, Caledonia has a cost of living index that's 1.0x higher than Wisconsin's index of 95.
The standard of living in Caledonia ranks as #83 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Caledonia ranks as the #60 most expensive place in the Badger State.
For more reading on life in Caledonia, check out:
Six factors go into calculating the cost of living index in Caledonia. Here is how it fairs on each of the criteria:
The Services index in Caledonia is 92.
The Groceries index in Caledonia is 94.
The Health index in Caledonia is 113.
The Housing index in Caledonia is 99.
The Transportation index in Caledonia is 90.
The Utilities index in Caledonia is 97.
Living Expense | Caledonia | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 97 | 95 | 100 | |
Services | 92 | 97 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 113 | 114 | 100 | |
Housing | 99 | 84 | 100 | |
Transportation | 90 | 96 | 100 | |
Utilities | 97 | 103 | 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 2017-2021. The key points are:
The Median Home Value in Caledonia is $226,900.
The Median Rent in Caledonia is $921.
The Median Income in Caledonia is $87,961.
The Home Value To Income in Caledonia is 2.6x.
The Rent To Monthly Income in Caledonia is 0.13x.
Statistic | Caledonia | Wisconsin | United States |
---|---|---|---|
Median Home Value | $226,900 | $200,400 | $244,900 |
Median Rent | $921 | $916 | $1,163 |
Median Income | $87,961 | $67,080 | $69,021 |
Home Value To Income | 2.6x | 3.0x | 3.5x |
Rent To Monthly Income | 0.13x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Caledonia. Here's a quick look at the cost of living in the most populous nearby places:
Racine, WI has a cost of living index of 86, 0.9x Caledonia.
New Berlin, WI has a cost of living index of 103, 1.1x Caledonia.
Franklin, WI has a cost of living index of 104, 1.1x Caledonia.
City | Population | Cost Of Living | Vs. Caledonia |
---|---|---|---|
Racine, WI | 77,705 | 86 | 0.9x |
New Berlin, WI | 40,289 | 103 | 1.1x |
Franklin, WI | 36,685 | 104 | 1.1x |
Oak Creek, WI | 36,266 | 99 | 1.0x |
Mount Pleasant, WI | 27,572 | 97 | 1.0x |
Muskego, WI | 24,991 | 108 | 1.1x |
Pleasant Prairie, WI | 21,193 | 101 | 1.0x |
South Milwaukee, WI | 20,785 | 93 | 1.0x |
Cudahy, WI | 18,197 | 91 | 0.9x |
Greendale, WI | 14,735 | 97 | 1.0x |