Whitefish Bay 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.
IndexWhitefish BayWisconsinNational
Cost of living index11998100
IndexWhitefish BayWisconsinNational
Goods & Services index97100100
Groceries index103100100
Health care index115112100
Housing index16591100
Transportation index8999100
Utilities index110102100
Displayed above is a general overview of the Whitefish Bay, WI cost of living index. The overall cost of living index in Whitefish Bay, WI is 119, which is 22% higher than the Wisconsin average and 19% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Whitefish Bay, WI are 3% lower than the Wisconsin average and 3% lower than the national average.

Did you know?

  • The cost of living in Whitefish Bay is 22% higher than the Wisconsin average.
  • The cost of living in Whitefish Bay is 19% higher than the national average.
  • The cost of housing in Whitefish Bay is 65% higher than the national average.
  • Wisconsin general sales tax is 2% lower than the national average.
  • Wisconsin state income tax is 98% higher than the national average.

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Compare Whitefish Bay, WI Cost of living To Other Cities

Salary Calculator

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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Whitefish Bay, WI to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Whitefish Bay, WI, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Whitefish Bay, WI salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$114,652$9,554$2,675$3,440
Renters$52,700$4,392$1,230$1,581
If you want to find a good determining factor for the cost of living and the general affordability of housing in Whitefish Bay, WI, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Whitefish Bay, WI, the median monthly income is $114,652 for those who own their own homes. Under the standard rule, that income level would allow for $2,675 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $52,700, per the median income in the area. That would allow for renters to spend up to $1,230 on monthly rental expenses.

Wisconsin Sales Tax

StateGeneral Sales TaxWith Max Surtax
Wisconsin5%5.6%

Wisconsin Income Tax

StateIncome Tax (Low)Income Tax (High)
Wisconsin4.4%7.65%
One thing to keep in mind when considering the cost of living in Whitefish Bay, WI is the Wisconsin sales tax and Wisconsin income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Wisconsin sales tax rate is 5% and the maximum surtax that can be charged is 5.6%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Wisconsin income tax rates range from 4.4% to 7.65%.

Goods & Services

ItemWhitefish BayNational avg.Difference
Haircut $15.99$14.599.6%
Beauty Salon $30.60$34.6811.8%
Toothpaste $2.51$2.471.5%
Shampoo $0.89$1.0212.9%
Movie $9.80$9.870.7%
Bowling $3.25$4.3926.0%

Groceries

ItemWhitefish BayNational avg.Difference
Ground Beef $3.32$4.4825.8%
Fried Chicken $1.86$1.4627.0%
Milk $2.20$2.366.6%
Potatoes $2.35$3.0623.2%
Pizza $9.00$9.242.6%
Beer $7.97$8.637.7%

Health Care

ItemWhitefish BayNational avg.Difference
Optometrist $52.40$99.7847.5%
Doctor $166.00$105.0358.0%
Dentist $91.60$88.703.3%
Ibuprofen $9.19$9.412.4%
Lipitor $315.77$298.505.8%

Housing

ItemWhitefish BayNational avg.Difference
Home Price $322,400.00$175,700.0083.5%
Avg. Mortgage Payment $1,141.54$1,081.035.6%
Apartment Rent $1,111.00$920.0020.8%

Transportation

ItemWhitefish BayNational avg.Difference
Gasoline $1.89$2.099.6%
Tire Balancing $37.95$45.2916.2%

Utilities

ItemWhitefish BayNational avg.Difference
All Electricity$169.20$170.800.9%
Phone $35.25$28.2624.8%
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, WI598,07892-8%
West Milwaukee, WI4,21493-7%
West Allis, WI60,59595-5%
St. Francis, WI9,48895-5%
Cudahy, WI18,32196-4%
Whitefish Bay, WI14,13211919%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Brooklyn Park, MD14,1361044%
Pottsville, PA14,13687-13%
Lady Lake, FL14,13893-7%
Fairview, NJ14,12615252%
Washington Court House, OH14,12384-16%
Whitefish Bay, WI14,13211919%
Source: The Whitefish Bay, WI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.