Grafton, WI Cost Of Living
Cost Of Living In Grafton, WI Summary
Cost of living in Grafton 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 Grafton 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 Grafton is 96, with 100 being the average.
The cost of living index in Grafton is 1.0x lower than the national average.
Grafton ranks as the #76 cheapest in Wisconsin out of 143.
Grafton ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Grafton is $250,100.
The median income in Grafton is $77,518.
Table Of Contents
Grafton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Grafton, WI?
According to the most recent data on the cost of living, Grafton has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Wisconsin, Grafton has a cost of living index that's 1.0x higher than Wisconsin's index of 95.
The standard of living in Grafton ranks as #76 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Grafton ranks as the #67 most expensive place in the Badger State.
For more reading on life in Grafton, check out:
- Living In Grafton
- Grafton Crime Report
- Search Homes For Sale In Grafton, WI
In Wisconsin
In America
Grafton Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Grafton. Here is how it fairs on each of the criteria:
The Services index in Grafton is 93.
The Groceries index in Grafton is 95.
The Health index in Grafton is 111.
The Housing index in Grafton is 105.
The Transportation index in Grafton is 93.
The Utilities index in Grafton is 95.
| Living Expense | Grafton | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 96 | 95 | 100 | |
| Services | 93 | 97 | 100 | |
| Groceries | 95 | 98 | 100 | |
| Health | 111 | 114 | 100 | |
| Housing | 105 | 84 | 100 | |
| Transportation | 93 | 96 | 100 | |
| Utilities | 95 | 103 | 100 | |
Grafton, 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 Grafton is $250,100.
The Median Rent in Grafton is $942.
The Median Income in Grafton is $77,518.
The Home Value To Income in Grafton is 3.2x.
The Rent To Monthly Income in Grafton is 0.15x.
| Statistic | Grafton | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $250,100 | $200,400 | $244,900 |
| Median Rent | $942 | $916 | $1,163 |
| Median Income | $77,518 | $67,080 | $69,021 |
| Home Value To Income | 3.2x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
Grafton, WI Costs By Category
Detailed Grafton Services Costs Vs. Wisconsin
Detailed Grafton Groceries Costs Vs. Wisconsin
Detailed Grafton Health Costs Vs. Wisconsin
Detailed Grafton Transportation Costs Vs. Wisconsin
Detailed Grafton Utilities Costs Vs. Wisconsin
Grafton SnackAbility
/10
Cost Of Living In Cities Around Grafton
The cost of living varies in the cities and towns around Grafton. 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 102, 1.1x Grafton.
Brookfield, WI has a cost of living index of 112, 1.2x Grafton.
Menomonee Falls, WI has a cost of living index of 103, 1.1x Grafton.
| City | Population | Cost Of Living | Vs. Grafton |
|---|---|---|---|
| Wauwatosa, WI | 48,072 | 102 | 1.1x |
| Brookfield, WI | 41,020 | 112 | 1.2x |
| Menomonee Falls, WI | 38,219 | 103 | 1.1x |
| Mequon, WI | 24,814 | 119 | 1.2x |
| Whitefish Bay, WI | 14,818 | 120 | 1.2x |
| Brown Deer, WI | 12,562 | 93 | 1.0x |
| Port Washington, WI | 12,273 | 94 | 1.0x |
| Cedarburg, WI | 12,109 | 105 | 1.1x |
| Richfield, WI | 11,704 | 111 | 1.2x |
| Jackson, WI | 7,131 | 95 | 1.0x |
