Cost of living in Edgerton 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 Edgerton 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 Edgerton is 98, with 100 being the average.
The cost of living index in Edgerton is 1.0x lower than the national average.
Edgerton ranks as the #89 cheapest in Wisconsin out of 143.
Edgerton ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Edgerton is $172,700.
The median income in Edgerton is $68,900.
According to the most recent data on the cost of living, Edgerton has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Wisconsin, Edgerton has a cost of living index that's 1.0x higher than Wisconsin's index of 95.
The standard of living in Edgerton ranks as #89 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Edgerton ranks as the #54 most expensive place in the Badger State.
For more reading on life in Edgerton, check out:
Six factors go into calculating the cost of living index in Edgerton. Here is how it fairs on each of the criteria:
The Services index in Edgerton is 104.
The Groceries index in Edgerton is 108.
The Health index in Edgerton is 122.
The Housing index in Edgerton is 71.
The Transportation index in Edgerton is 105.
The Utilities index in Edgerton is 98.
Living Expense | Edgerton | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 98 | 95 | 100 | |
Services | 104 | 97 | 100 | |
Groceries | 108 | 98 | 100 | |
Health | 122 | 114 | 100 | |
Housing | 71 | 84 | 100 | |
Transportation | 105 | 96 | 100 | |
Utilities | 98 | 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 Edgerton is $172,700.
The Median Rent in Edgerton is $878.
The Median Income in Edgerton is $68,900.
The Home Value To Income in Edgerton is 2.5x.
The Rent To Monthly Income in Edgerton is 0.15x.
Statistic | Edgerton | Wisconsin | United States |
---|---|---|---|
Median Home Value | $172,700 | $200,400 | $244,900 |
Median Rent | $878 | $916 | $1,163 |
Median Income | $68,900 | $67,080 | $69,021 |
Home Value To Income | 2.5x | 3.0x | 3.5x |
Rent To Monthly Income | 0.15x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Edgerton. Here's a quick look at the cost of living in the most populous nearby places:
Janesville, WI has a cost of living index of 91, 0.9x Edgerton.
Whitewater, WI has a cost of living index of 100, 1.0x Edgerton.
Stoughton, WI has a cost of living index of 101, 1.0x Edgerton.
City | Population | Cost Of Living | Vs. Edgerton |
---|---|---|---|
Janesville, WI | 65,506 | 91 | 0.9x |
Whitewater, WI | 14,369 | 100 | 1.0x |
Stoughton, WI | 13,158 | 101 | 1.0x |
Fort Atkinson, WI | 12,529 | 97 | 1.0x |
Oregon, WI | 11,100 | 110 | 1.1x |
McFarland, WI | 9,026 | 109 | 1.1x |
Monona, WI | 8,560 | 110 | 1.1x |
Jefferson, WI | 7,821 | 99 | 1.0x |
Cottage Grove, WI | 7,255 | 115 | 1.2x |
Lake Mills, WI | 6,194 | 101 | 1.0x |