Cost of living in Mequon 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 Mequon 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 Mequon is 119, with 100 being the average.
The cost of living index in Mequon is 1.2x higher than the national average.
Mequon ranks as the #141 cheapest in Wisconsin out of 143.
Mequon ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Mequon is $402,900.
The median income in Mequon is $135,425.
According to the most recent data on the cost of living, Mequon has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Wisconsin, Mequon has a cost of living index that's 1.3x higher than Wisconsin's index of 95.
The standard of living in Mequon ranks as #141 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Mequon ranks as the #2 most expensive place in the Badger State.
For more reading on life in Mequon, check out:
Six factors go into calculating the cost of living index in Mequon. Here is how it fairs on each of the criteria:
The Services index in Mequon is 92.
The Groceries index in Mequon is 94.
The Health index in Mequon is 113.
The Housing index in Mequon is 177.
The Transportation index in Mequon is 91.
The Utilities index in Mequon is 97.
Living Expense | Mequon | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 119 | 95 | 100 | |
Services | 92 | 97 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 113 | 114 | 100 | |
Housing | 177 | 84 | 100 | |
Transportation | 91 | 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 Mequon is $402,900.
The Median Rent in Mequon is $2,050.
The Median Income in Mequon is $135,425.
The Home Value To Income in Mequon is 3.0x.
The Rent To Monthly Income in Mequon is 0.18x.
Statistic | Mequon | Wisconsin | United States |
---|---|---|---|
Median Home Value | $402,900 | $200,400 | $244,900 |
Median Rent | $2,050 | $916 | $1,163 |
Median Income | $135,425 | $67,080 | $69,021 |
Home Value To Income | 3.0x | 3.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Mequon. 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, 0.9x Mequon.
Brookfield, WI has a cost of living index of 112, 0.9x Mequon.
New Berlin, WI has a cost of living index of 103, 0.9x Mequon.
City | Population | Cost Of Living | Vs. Mequon |
---|---|---|---|
Wauwatosa, WI | 48,072 | 102 | 0.9x |
Brookfield, WI | 41,020 | 112 | 0.9x |
New Berlin, WI | 40,289 | 103 | 0.9x |
Menomonee Falls, WI | 38,219 | 103 | 0.9x |
Whitefish Bay, WI | 14,818 | 120 | 1.0x |
Glendale, WI | 13,313 | 101 | 0.8x |
Brown Deer, WI | 12,562 | 93 | 0.8x |
Cedarburg, WI | 12,109 | 105 | 0.9x |
Richfield, WI | 11,704 | 111 | 0.9x |
Hartland, WI | 9,457 | 106 | 0.9x |