Cost of living in Wind Lake 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 Wind Lake 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 Wind Lake is 103, with 100 being the average.
The cost of living index in Wind Lake is 1.0x higher than the national average.
Wind Lake ranks as the #113 cheapest in Wisconsin out of 143.
Wind Lake ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Wind Lake is $298,800.
The median income in Wind Lake is $89,356.
According to the most recent data on the cost of living, Wind Lake has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Wisconsin, Wind Lake has a cost of living index that's 1.1x higher than Wisconsin's index of 95.
The standard of living in Wind Lake ranks as #113 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Wind Lake ranks as the #30 most expensive place in the Badger State.
For more reading on life in Wind Lake, check out:
Six factors go into calculating the cost of living index in Wind Lake. Here is how it fairs on each of the criteria:
The Services index in Wind Lake is 95.
The Groceries index in Wind Lake is 97.
The Health index in Wind Lake is 112.
The Housing index in Wind Lake is 116.
The Transportation index in Wind Lake is 93.
The Utilities index in Wind Lake is 97.
Living Expense | Wind Lake | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 103 | 95 | 100 | |
Services | 95 | 97 | 100 | |
Groceries | 97 | 98 | 100 | |
Health | 112 | 114 | 100 | |
Housing | 116 | 84 | 100 | |
Transportation | 93 | 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 Wind Lake is $298,800.
The Median Rent in Wind Lake is $1,048.
The Median Income in Wind Lake is $89,356.
The Home Value To Income in Wind Lake is 3.3x.
The Rent To Monthly Income in Wind Lake is 0.14x.
Statistic | Wind Lake | Wisconsin | United States |
---|---|---|---|
Median Home Value | $298,800 | $200,400 | $244,900 |
Median Rent | $1,048 | $916 | $1,163 |
Median Income | $89,356 | $67,080 | $69,021 |
Home Value To Income | 3.3x | 3.0x | 3.5x |
Rent To Monthly Income | 0.14x | 0.16x | 0.2x |
The cost of living varies in the cities and towns around Wind Lake. 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, 1.0x Wind Lake.
Brookfield, WI has a cost of living index of 112, 1.1x Wind Lake.
New Berlin, WI has a cost of living index of 103, 1.0x Wind Lake.
City | Population | Cost Of Living | Vs. Wind Lake |
---|---|---|---|
Wauwatosa, WI | 48,072 | 102 | 1.0x |
Brookfield, WI | 41,020 | 112 | 1.1x |
New Berlin, WI | 40,289 | 103 | 1.0x |
Franklin, WI | 36,685 | 104 | 1.0x |
Muskego, WI | 24,991 | 108 | 1.0x |
Mukwonago, WI | 8,255 | 100 | 1.0x |
Pewaukee, WI | 8,203 | 110 | 1.1x |
Hales Corners, WI | 7,704 | 100 | 1.0x |
Elm Grove, WI | 6,456 | 115 | 1.1x |
Waterford, WI | 5,541 | 95 | 0.9x |