Cost of living in Hales Corners 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 Hales Corners 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 Hales Corners is 100, with 100 being the average.
The cost of living index in Hales Corners is 1.0x lower than the national average.
Hales Corners ranks as the #102 cheapest in Wisconsin out of 143.
Hales Corners ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Hales Corners is $251,300.
The median income in Hales Corners is $84,643.
According to the most recent data on the cost of living, Hales Corners has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Wisconsin, Hales Corners has a cost of living index that's 1.1x higher than Wisconsin's index of 95.
The standard of living in Hales Corners ranks as #102 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Hales Corners ranks as the #41 most expensive place in the Badger State.
For more reading on life in Hales Corners, check out:
Six factors go into calculating the cost of living index in Hales Corners. Here is how it fairs on each of the criteria:
The Services index in Hales Corners is 96.
The Groceries index in Hales Corners is 96.
The Health index in Hales Corners is 110.
The Housing index in Hales Corners is 116.
The Transportation index in Hales Corners is 90.
The Utilities index in Hales Corners is 96.
Living Expense | Hales Corners | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 100 | 95 | 100 | |
Services | 96 | 97 | 100 | |
Groceries | 96 | 98 | 100 | |
Health | 110 | 114 | 100 | |
Housing | 116 | 84 | 100 | |
Transportation | 90 | 96 | 100 | |
Utilities | 96 | 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 Hales Corners is $251,300.
The Median Rent in Hales Corners is $1,218.
The Median Income in Hales Corners is $84,643.
The Home Value To Income in Hales Corners is 3.0x.
The Rent To Monthly Income in Hales Corners is 0.17x.
Statistic | Hales Corners | Wisconsin | United States |
---|---|---|---|
Median Home Value | $251,300 | $200,400 | $244,900 |
Median Rent | $1,218 | $916 | $1,163 |
Median Income | $84,643 | $67,080 | $69,021 |
Home Value To Income | 3.0x | 3.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.16x | 0.2x |
Item | Hales Corners | Wisconsin |
---|---|---|
Shampoo | $1.09 | $1.06 |
Movie | $11.14 | $10.68 |
Bowling | $16.27 | $14.67 |
Haircut | $22.22 | $18.62 |
Beauty Salon | $41.93 | $39.05 |
Item | Hales Corners | Wisconsin |
---|---|---|
Ground Beef | $4.05 | $4.22 |
Fried Chicken | $1.22 | $1.39 |
Milk | $1.98 | $2.05 |
Potatoes | $2.49 | $3.29 |
Pizza | $10.35 | $10.62 |
Beer | $7.84 | $9.38 |
Toothpaste | $2.24 | $2.34 |
Item | Hales Corners | Wisconsin |
---|---|---|
Optometrist | $60.0 | $108.57 |
Doctor | $175.4 | $116.17 |
Dentist | $101.1 | $99.13 |
Item | Hales Corners | Wisconsin |
---|---|---|
Gasoline | $2.01 | $2.22 |
Tire Balancing | $47.04 | $50.07 |
Item | Hales Corners | Wisconsin |
---|---|---|
All Electricity | $159.26 | $167.67 |
Phone | $178.69 | $175.64 |
The cost of living varies in the cities and towns around Hales Corners. Here's a quick look at the cost of living in the most populous nearby places:
West Allis, WI has a cost of living index of 92, 0.9x Hales Corners.
Wauwatosa, WI has a cost of living index of 102, 1.0x Hales Corners.
Brookfield, WI has a cost of living index of 112, 1.1x Hales Corners.
City | Population | Cost Of Living | Vs. Hales Corners |
---|---|---|---|
West Allis, WI | 60,220 | 92 | 0.9x |
Wauwatosa, WI | 48,072 | 102 | 1.0x |
Brookfield, WI | 41,020 | 112 | 1.1x |
New Berlin, WI | 40,289 | 103 | 1.0x |
Menomonee Falls, WI | 38,219 | 103 | 1.0x |
Greenfield, WI | 37,623 | 93 | 0.9x |
Franklin, WI | 36,685 | 104 | 1.0x |
Oak Creek, WI | 36,266 | 99 | 1.0x |
Muskego, WI | 24,991 | 108 | 1.1x |
Mequon, WI | 24,814 | 119 | 1.2x |