| Index | Greenfield | Wisconsin | National |
| Cost of living | 99 | 96 | 100 |
| Groceries | 99 | 99 | 100 |
| Health care | 100 | 98 | 100 |
| Housing | 101 | 89 | 100 |
| Transportation | 95 | 98 | 100 |
| Utilities | 99 | 101 | 100 |
| Lifestyle & Entertainment | 97 | 98 | 100 |
| Household Items | 100 | 99 | 100 |
| Education & Childcare | 98 | 98 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Greenfield? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Greenfield stands at 99, making it 1% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Greenfield closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Greenfield can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Greenfield affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Greenfield, the median home price is 0.4% higher than the national average and monthly rent prices are 3.2% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Greenfield boasting a median household income of $92,661, 13.9% higher than the national average.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Greenfield, the transportation index is 5.2% lower than the national average.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Greenfield, the utilities index registers at 1.2% lower than the national average.
Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Greenfield, the prevailing sales tax rate starts at 5%, and income tax rates kick off at 3.54%.
The Greenfield cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $112,036 | $9,336 | $2,614 | $3,361 |
| Renters | $70,854 | $5,905 | $1,653 | $2,126 |
| State | General Sales Tax | With Max Surtax |
| Wisconsin | 5% | 6.75% |
| State | Income Tax (Low) | Income Tax (High) |
| Wisconsin | 3.54% | 7.65% |
| City | Population | Cost of Living Index | National Avg. |
| Milwaukee, WI | 605,531 | 93 | 7.2% |
| West Milwaukee, WI | 4,258 | 92 | 8.3% |
| Lannon, WI | 1,221 | 94 | 6.0% |
| St. Francis, WI | 9,923 | 95 | 4.9% |
| West Allis, WI | 61,432 | 93 | 6.8% |
| Greenfield, WI | 38,049 | 99 | 0.9% |
| City | Population | Cost of Living Index | National Avg. |
| Addison, IL | 38,050 | 110 | 10.3% |
| Winter Springs, FL | 38,040 | 116 | 16.1% |
| Lake Worth, FL | 38,026 | 100 | 0.2% |
| Lima, OH | 38,026 | 82 | 18.4% |
| Waxahachie, TX | 38,021 | 103 | 2.6% |
| Greenfield, WI | 38,049 | 99 | 0.9% |
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