C
16%
Overall NAT. AVG.
2%
Goods & Services NAT. AVG.
51%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Cedarburg Wisconsin National
Cost of living11696100
Goods & Services9997100
Groceries10399100
Health care111112100
Housing15188100
Transportation9998100
Utilities105102100

An Overview of Cost of Living in Cedarburg, WI

Understanding the cost of living in Cedarburg can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Cedarburg cost of living index is 116, which is 16% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

Housing costs are a major factor in the Cedarburg cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 51.3% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Is Cedarburg Affordable?

Is Cedarburg affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Cedarburg, for instance, where the median home price falls 76.1% higher than the national average, and monthly rent rates are 6.5% lower than usual. Additionally, median income levels contribute to the equation, with Cedarburg flaunting a median household income of $79,868, 44.4% higher than the national norm.

What Factors can Influence the Cost of Living in Cedarburg?

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 Cedarburg, the utilities index registers at 5.1% higher than the national average.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Cedarburg, the groceries index is 2.8% higher than the national average.

Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Cedarburg, healthcare costs are 10.5% higher than the national average.

Where is the Data From?

The cost of living data in Cedarburg displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Cedarburg is 21% higher than the Wisconsin average
  • The cost of living in Cedarburg is 16% higher than the national average
  • Cedarburg housing is 51% 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 Cedarburg

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Compare Cedarburg, WI Cost of Living

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      Salary Calculator

          This is how much you would need to earn in
          Price difference in compared to
          Cost of living index
          Goods & Services index
          Groceries index
          Health care index
          Housing index
          Transportation index
          Utilities index

          Median Income & Debt-To-Income Ratio

          Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
          Owners$106,831$8,903$2,493$3,205
          Renters$30,755$2,563$718$923
          A good indicator of the general affordability of housing in Cedarburg, WI, 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 Cedarburg, the median monthly income is $106,831 for those who own their own homes. Under the standard rule, that income level would allow for $2,493 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $30,755, per the median income in the area. That would allow for renters to spend up to $718 on monthly rental expenses.

          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%

          Goods & Services

          Item Cedarburg National avg. Difference
          Haircut $20.21$24.2616.7%
          Beauty Salon $33.25$45.5627.0%
          Toothpaste $3.66$3.701.1%
          Shampoo $1.07$1.2816.6%
          Movie $10.26$12.1315.5%
          Bowling $10.03$18.0044.3%

          Groceries

          Item Cedarburg National avg. Difference
          Ground Beef $6.05$5.843.5%
          Fried Chicken $1.46$1.577.3%
          Milk $4.55$4.672.7%
          Potatoes $4.10$4.9317.0%
          Pizza $11.33$12.096.3%
          Beer $8.52$10.4118.2%

          Health Care

          Item Cedarburg National avg. Difference
          Optometrist $278.65$125.68121.7%
          Doctor $223.73$135.7864.8%
          Dentist $106.79$113.295.7%
          Ibuprofen $10.29$10.653.4%
          Lipitor $469.65$468.600.2%

          Housing

          Item Cedarburg National avg. Difference
          Home Price $325,300.00$184,700.0076.1%
          Avg. Mortgage Payment $1,879.64$2,346.6919.9%
          Apartment Rent $887.00$949.006.5%

          Transportation

          Item Cedarburg National avg. Difference
          Gasoline $3.30$3.464.5%
          Tire Balancing $44.14$59.9226.3%

          Utilities

          Item Cedarburg National avg. Difference
          All Electricity $182.69$193.995.8%
          Phone $185.79$192.253.4%
          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 Population Cost of Living Index National Avg.
          Lannon, WI1,184964.2%
          Butler, WI1,964982.0%
          Brown Deer, WI11,987991.0%
          West Bend, WI31,587991.3%
          Belgium, WI2,2011010.6%
          Cedarburg, WI11,59211616.1%

          Cities with similar population

          City Population Cost of Living Index National Avg.
          Nelson, BC11,592n/a 
          L'Île-Perrot, QC11,591n/a 
          Accokeek, MD11,59013737.0%
          North Saanich, BC11,587n/a 
          Seven Hills, OH11,5971000.4%
          Cedarburg, WI11,59211616.1%
          Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.