Cost of Living: Menomonee Falls, WI vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,207/mo in Menomonee Falls, WI versus $4,227/mo in Chicago, IL. In the model, rent is about 18.31% of gross in Menomonee Falls, WI versus 20.28% in Chicago, IL, so Menomonee Falls, WI tends to feel more affordable for rent.

Take-home in Menomonee Falls, WI
$4,207/mo
Income level: below
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Menomonee Falls, WI
18.31%
COLI tier: mid-range
Rent share (1BR) in Chicago, IL
20.28%
COLI tier: mid-range

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

At a glance

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

Cost of Living Index

Menomonee Falls, WI: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

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

Median Rent

Menomonee Falls, WI: $1,194/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Chicago, IL is $129/mo higher than in Menomonee Falls, WI.

Median Home Price

Menomonee Falls, WI: $341,600 · Chicago, IL: $147,800

Median home price in Menomonee Falls, WI is $193,800 higher than in Chicago, IL.

Median Household Income

Menomonee Falls, WI: $98,460 · Chicago, IL: $56,815

Menomonee Falls, WI has a higher median household income than Chicago, IL by $41,645.

Menomonee Falls, WI overview · Chicago, IL overview · Popular comparisons