Fox Point, WI Cost Of Living
Cost Of Living In Fox Point, WI Summary
Cost of living in Fox Point 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 Fox Point 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 Fox Point is 115, with 100 being the average.
The cost of living index in Fox Point is 1.1x higher than the national average.
Fox Point ranks as the #135 cheapest in Wisconsin out of 143.
Fox Point ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Fox Point is $344,600.
The median income in Fox Point is $120,714.
Table Of Contents
Fox Point's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fox Point, WI?
According to the most recent data on the cost of living, Fox Point has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Wisconsin, Fox Point has a cost of living index that's 1.2x higher than Wisconsin's index of 95.
The standard of living in Fox Point ranks as #135 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Fox Point ranks as the #8 most expensive place in the Badger State.
For more reading on life in Fox Point, check out:
- Living In Fox Point
- Fox Point Crime Report
- Search Homes For Sale In Fox Point, WI
In Wisconsin
In America
Fox Point Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Fox Point. Here is how it fairs on each of the criteria:
The Services index in Fox Point is 95.
The Groceries index in Fox Point is 95.
The Health index in Fox Point is 113.
The Housing index in Fox Point is 155.
The Transportation index in Fox Point is 92.
The Utilities index in Fox Point is 97.
| Living Expense | Fox Point | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 115 | 95 | 100 | |
| Services | 95 | 97 | 100 | |
| Groceries | 95 | 98 | 100 | |
| Health | 113 | 114 | 100 | |
| Housing | 155 | 84 | 100 | |
| Transportation | 92 | 96 | 100 | |
| Utilities | 97 | 103 | 100 | |
Fox Point, WI Housing Cost Breakdown
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 Fox Point is $344,600.
The Median Rent in Fox Point is $1,622.
The Median Income in Fox Point is $120,714.
The Home Value To Income in Fox Point is 2.9x.
The Rent To Monthly Income in Fox Point is 0.16x.
| Statistic | Fox Point | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $344,600 | $200,400 | $244,900 |
| Median Rent | $1,622 | $916 | $1,163 |
| Median Income | $120,714 | $67,080 | $69,021 |
| Home Value To Income | 2.9x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
Fox Point, WI Costs By Category
Detailed Fox Point Services Costs Vs. Wisconsin
Detailed Fox Point Groceries Costs Vs. Wisconsin
Detailed Fox Point Health Costs Vs. Wisconsin
Detailed Fox Point Transportation Costs Vs. Wisconsin
Detailed Fox Point Utilities Costs Vs. Wisconsin
Fox Point SnackAbility
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Cost Of Living In Cities Around Fox Point
The cost of living varies in the cities and towns around Fox Point. 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 89, 0.8x Fox Point.
Wauwatosa, WI has a cost of living index of 102, 0.9x Fox Point.
Brookfield, WI has a cost of living index of 112, 1.0x Fox Point.
| City | Population | Cost Of Living | Vs. Fox Point |
|---|---|---|---|
| Milwaukee, WI | 578,198 | 89 | 0.8x |
| Wauwatosa, WI | 48,072 | 102 | 0.9x |
| Brookfield, WI | 41,020 | 112 | 1.0x |
| New Berlin, WI | 40,289 | 103 | 0.9x |
| Menomonee Falls, WI | 38,219 | 103 | 0.9x |
| Franklin, WI | 36,685 | 104 | 0.9x |
| Mequon, WI | 24,814 | 119 | 1.0x |
| Whitefish Bay, WI | 14,818 | 120 | 1.0x |
| Shorewood, WI | 13,734 | 111 | 1.0x |
| Glendale, WI | 13,313 | 101 | 0.9x |
