Brookfield cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBrookfieldWisconsinNational
Cost of living index11496100
IndexBrookfieldWisconsinNational
Goods & Services index9597100
Groceries index9897100
Health care index113114100
Housing index15288100
Transportation index96100100
Utilities index107102100
An overview of the general cost of living index for Brookfield, WI is displayed above for your reference. Residents in Brookfield, WI enjoy a cost of living index of 114. This index is 19% higher than the Wisconsin average, and 14% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Brookfield, WI, the average cost of goods and services is 3% lower than it is in Wisconsin, and it is 5% lower than the national average.

Did you know?

  • The cost of living in Brookfield is 19% higher than the Wisconsin average.
  • The cost of living in Brookfield is 14% higher than the national average.
  • The cost of housing in Brookfield is 52% higher than the national average.
  • Wisconsin general sales tax is 2% lower than the national average.
  • Wisconsin state income tax is 80% higher than the national average.

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Compare Brookfield, WI Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Brookfield, WI to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Brookfield, WI, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Brookfield, WI salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$101,783$8,482$2,375$3,054
Renters$58,795$4,900$1,372$1,764
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Brookfield, WI, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Brookfield, WI has a median income of about $101,783 for people who own homes. Based on that number, a person should spend a maximum of $2,375 on expenses related to housing. Renters have a slightly different median income, which is $58,795. Based on this average, renters should spend no more than $1,372 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Wisconsin Sales Tax

StateGeneral Sales TaxWith Max Surtax
Wisconsin5%6.75%

Wisconsin Income Tax

StateIncome Tax (Low)Income Tax (High)
Wisconsin4%7.65%
For those who live in Brookfield, WI and want to know what the true cost of living is, they ought to look at both the Wisconsin income tax rate and the Wisconsin sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Wisconsin, the sales tax is 5%, while the most you'll pay in surtax is 6.75%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Wisconsin, the income tax rate ranges between 4% to 7.65%.

Goods & Services

ItemBrookfieldNational avg.Difference
Haircut $16.73$16.094.0%
Beauty Salon $34.01$37.338.9%
Toothpaste $2.07$2.4515.4%
Shampoo $0.97$1.002.8%
Movie $10.52$10.282.4%
Bowling $3.85$4.9321.9%

Groceries

ItemBrookfieldNational avg.Difference
Ground Beef $3.74$3.801.7%
Fried Chicken $1.95$1.4039.6%
Milk $1.85$2.017.9%
Potatoes $2.02$3.0132.8%
Pizza $8.95$9.899.4%
Beer $7.76$8.9012.8%

Health Care

ItemBrookfieldNational avg.Difference
Optometrist $53.85$102.1647.3%
Doctor $163.66$108.3651.0%
Dentist $98.09$92.536.0%
Ibuprofen $9.39$9.281.2%
Lipitor $406.92$425.824.4%

Housing

ItemBrookfieldNational avg.Difference
Home Price $287,500.00$184,700.0055.7%
Avg. Mortgage Payment $1,146.55$1,202.444.6%
Apartment Rent $1,354.00$949.0042.7%

Transportation

ItemBrookfieldNational avg.Difference
Gasoline $2.27$2.241.2%
Tire Balancing $38.95$46.2915.8%

Utilities

ItemBrookfieldNational avg.Difference
All Electricity$160.58$165.963.2%
Phone $34.53$28.6820.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Milwaukee, WI598,67289-11%
West Milwaukee, WI4,21491-9%
West Allis, WI60,54392-8%
St. Francis, WI9,51692-8%
Cudahy, WI18,32193-7%
Brookfield, WI37,99111414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wheeling, IL38,0081099%
Lake Oswego, OR38,06514747%
Gainesville, GA37,90697-3%
Muskegon, MI38,08681-19%
Westerville, OH38,08999-1%
Brookfield, WI37,99111414%
Source: The Brookfield, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.