Cost of Living: Madison, WI vs Menomonee Falls, WI

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,207/mo in Madison, WI versus $4,207/mo in Menomonee Falls, WI. In the model, rent is about 19.87% of gross in Madison, WI versus 18.31% in Menomonee Falls, WI, so Menomonee Falls, WI tends to feel more affordable for rent.

Take-home in Madison, WI
$4,207/mo
Income level: near
Take-home in Menomonee Falls, WI
$4,207/mo
Income level: below
Rent share (1BR) in Madison, WI
19.87%
COLI tier: mid-range
Rent share (1BR) in Menomonee Falls, WI
18.31%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Madison, WI and Menomonee Falls, WI.

At a glance

  • Cheaper overall (lower cost-of-living index): Menomonee Falls, WI
  • Lower rent (median 1BR/2BR): Menomonee Falls, WI
  • Lower home prices: Menomonee Falls, WI
  • Higher median household income: Menomonee Falls, WI

Cost of Living Index

Madison, WI: 105.4 (U.S. = 100) · Menomonee Falls, WI: 100 (U.S. = 100)

Menomonee Falls, WI has a lower cost-of-living index than Madison, WI, so a given salary generally stretches further there.

Median Rent

Madison, WI: $1,296/mo (midpoint of 1BR/2BR) · Menomonee Falls, WI: $1,194/mo

Median rent in Madison, WI is $102/mo higher than in Menomonee Falls, WI.

Median Home Price

Madison, WI: $346,900 · Menomonee Falls, WI: $341,600

Median home price in Madison, WI is $5,300 higher than in Menomonee Falls, WI.

Median Household Income

Madison, WI: $76,983 · Menomonee Falls, WI: $98,460

Menomonee Falls, WI has a higher median household income than Madison, WI by $21,477.

Madison, WI overview · Menomonee Falls, WI overview · Popular comparisons