Verona, WI Cost Of Living
Cost Of Living In Verona, WI Summary
Cost of living in Verona 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 Verona 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 Verona is 116, with 100 being the average.
The cost of living index in Verona is 1.2x higher than the national average.
Verona ranks as the #138 cheapest in Wisconsin out of 143.
Verona ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Verona is $320,400.
The median income in Verona is $94,911.
Table Of Contents
Verona's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Verona, WI?
According to the most recent data on the cost of living, Verona has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Wisconsin, Verona has a cost of living index that's 1.2x higher than Wisconsin's index of 95.
The standard of living in Verona ranks as #138 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Verona ranks as the #5 most expensive place in the Badger State.
For more reading on life in Verona, check out:
- Living In Verona
- Verona Crime Report
- Search Homes For Sale In Verona, WI
In Wisconsin
In America
Verona Cost Of Living Vs. Wisconsin
Six factors go into calculating the cost of living index in Verona. Here is how it fairs on each of the criteria:
The Services index in Verona is 105.
The Groceries index in Verona is 110.
The Health index in Verona is 125.
The Housing index in Verona is 140.
The Transportation index in Verona is 102.
The Utilities index in Verona is 100.
| Living Expense | Verona | Wisconsin | National Average | |
|---|---|---|---|---|
| Overall | 116 | 95 | 100 | |
| Services | 105 | 97 | 100 | |
| Groceries | 110 | 98 | 100 | |
| Health | 125 | 114 | 100 | |
| Housing | 140 | 84 | 100 | |
| Transportation | 102 | 96 | 100 | |
| Utilities | 100 | 103 | 100 | |
Verona, 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 Verona is $320,400.
The Median Rent in Verona is $1,271.
The Median Income in Verona is $94,911.
The Home Value To Income in Verona is 3.4x.
The Rent To Monthly Income in Verona is 0.16x.
| Statistic | Verona | Wisconsin | United States |
|---|---|---|---|
| Median Home Value | $320,400 | $200,400 | $244,900 |
| Median Rent | $1,271 | $916 | $1,163 |
| Median Income | $94,911 | $67,080 | $69,021 |
| Home Value To Income | 3.4x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.16x | 0.2x |
Median Home Value
Median Rent
Median Income
Verona, WI Costs By Category
Detailed Verona Services Costs Vs. Wisconsin
Detailed Verona Groceries Costs Vs. Wisconsin
Detailed Verona Health Costs Vs. Wisconsin
Detailed Verona Transportation Costs Vs. Wisconsin
Detailed Verona Utilities Costs Vs. Wisconsin
Verona SnackAbility
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Cost Of Living In Cities Around Verona
The cost of living varies in the cities and towns around Verona. Here's a quick look at the cost of living in the most populous nearby places:
Madison, WI has a cost of living index of 109, 0.9x Verona.
Fitchburg, WI has a cost of living index of 115, 1.0x Verona.
Middleton, WI has a cost of living index of 118, 1.0x Verona.
| City | Population | Cost Of Living | Vs. Verona |
|---|---|---|---|
| Madison, WI | 265,447 | 109 | 0.9x |
| Fitchburg, WI | 29,361 | 115 | 1.0x |
| Middleton, WI | 21,634 | 118 | 1.0x |
| Waunakee, WI | 14,679 | 119 | 1.0x |
| Stoughton, WI | 13,158 | 101 | 0.9x |
| Oregon, WI | 11,100 | 110 | 0.9x |
| DeForest, WI | 10,700 | 104 | 0.9x |
| McFarland, WI | 9,026 | 109 | 0.9x |
| Monona, WI | 8,560 | 110 | 0.9x |
| Mount Horeb, WI | 7,727 | 110 | 0.9x |
