Cost of Living in Monona, WI

Get 300+ Local Insights for Any Address in Monona, WI

Get Access to 300+ Local Data Points
B-
11%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
38%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Monona Wisconsin National
Cost of living11196100
Groceries9999100
Health care9798100
Housing13889100
Transportation9698100
Utilities105101100
Lifestyle & Entertainment10098100
Household Items9699100
Education & Childcare10398100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Monona, WI

property for sale

5104 Shore Acres Rd

Monona, WI
property for sale

131 Shato Ln #131

Monona, WI
property for sale

5316 Healy Ln

Monona, WI
property for sale

6401 Bridge Rd #204

Madison, WI
See the Newest Homes For Sale In Monona, WI

Cost Of Living Quick Facts

  • The cost of living in Monona is 16% higher than the Wisconsin average
  • The cost of living in Monona is 11% higher than the national average
  • Monona housing is 38% higher than the national average
  • Wisconsin general sales tax is 2% lower than the national average
  • Wisconsin state income tax is 36% higher than the national average

Most Affordable Places to Live in and Around Monona

See all the best places to live around Monona

Compare Monona, WI Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Monona?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Monona?
      Write a review to give others more information about this area.
      See all Monona poll results

      The best places in Wisconsin

      Here are the best places to live in WisconsinThese are the 10 cheapest cities in WisconsinMost Dangerous Cities In The USSafest Cities In The US
      Best Places in Wisconsin

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$154,211$12,851$3,598$4,627
      Renters$58,978$4,915$1,376$1,770
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Monona, WI, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Monona homeowners, is $154,211. This would allow for a maximum of $3,598 per month to be spent on housing costs. For renters, the median monthly income is $58,978 which would result in a maximum of $1,376 to be spent on rental costs.

      Wisconsin Sales Tax

      State General Sales Tax With Max Surtax
      Wisconsin 5% 6.75%

      Wisconsin Income Tax

      State Income Tax (Low) Income Tax (High)
      Wisconsin 3.54% 7.65%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Edgerton, WI5,773954.8%
      Belleville, WI2,763991.2%
      Marshall, WI4,1241000.1%
      Brooklyn, WI1,2521010.6%
      Deerfield, WI2,6481032.6%
      Monona, WI8,33411111.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Whitefish, MT8,33312929.0%
      Downingtown, PA8,33111010.3%
      Fairwood CDP (Spokane County), WA8,33111313.4%
      Alliance, NE8,330919.1%
      Hempstead, TX8,329919.0%
      Monona, WI8,33411111.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026