Cost of living in Waunakee 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 Waunakee 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 Waunakee is 119, with 100 being the average.
The cost of living index in Waunakee is 1.2x higher than the national average.
Waunakee ranks as the #141 cheapest in Wisconsin out of 143.
Waunakee ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Waunakee is $380,200.
The median income in Waunakee is $118,631.
According to the most recent data on the cost of living, Waunakee has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Wisconsin, Waunakee has a cost of living index that's 1.3x higher than Wisconsin's index of 95.
The standard of living in Waunakee ranks as #141 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Waunakee ranks as the #2 most expensive place in the Badger State.
For more reading on life in Waunakee, check out:
Six factors go into calculating the cost of living index in Waunakee. Here is how it fairs on each of the criteria:
The Services index in Waunakee is 104.
The Groceries index in Waunakee is 110.
The Health index in Waunakee is 125.
The Housing index in Waunakee is 144.
The Transportation index in Waunakee is 104.
The Utilities index in Waunakee is 101.
Living Expense | Waunakee | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 119 | 95 | 100 | |
Services | 104 | 97 | 100 | |
Groceries | 110 | 98 | 100 | |
Health | 125 | 114 | 100 | |
Housing | 144 | 84 | 100 | |
Transportation | 104 | 96 | 100 | |
Utilities | 101 | 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 Waunakee is $380,200.
The Median Rent in Waunakee is $1,093.
The Median Income in Waunakee is $118,631.
The Home Value To Income in Waunakee is 3.2x.
The Rent To Monthly Income in Waunakee is 0.11x.
Statistic | Waunakee | Wisconsin | United States |
---|---|---|---|
Median Home Value | $380,200 | $200,400 | $244,900 |
Median Rent | $1,093 | $916 | $1,163 |
Median Income | $118,631 | $67,080 | $69,021 |
Home Value To Income | 3.2x | 3.0x | 3.5x |
Rent To Monthly Income | 0.11x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Waunakee. 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 Waunakee.
Sun Prairie, WI has a cost of living index of 108, 0.9x Waunakee.
Middleton, WI has a cost of living index of 118, 1.0x Waunakee.
City | Population | Cost Of Living | Vs. Waunakee |
---|---|---|---|
Madison, WI | 265,447 | 109 | 0.9x |
Sun Prairie, WI | 35,528 | 108 | 0.9x |
Middleton, WI | 21,634 | 118 | 1.0x |
Verona, WI | 13,798 | 116 | 1.0x |
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 |
Cottage Grove, WI | 7,255 | 115 | 1.0x |