Cost of Living in Brookfield, WI
Housing
The housing market plays a significant role in determining the cost of living in Brookfield, WI.
- Housing Index: 125.0 / 100
- Median Home Price is: $339,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1650 per month
When considering a move to Brookfield, WI, the housing index of 125.0 indicates a relatively high cost of living. The median home price stands at 339000, which aligns with market trends seen in economically thriving urban areas. Renting options present an average of 1600 for a 2-bedroom apartment and 1650 for a house, reflecting a tight rental market. Keep in mind that growing amenities and employment opportunities in the area may justify these costs, but it's crucial to evaluate your financial capability against these figures before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brookfield, WI.
- Electricity Price: $17.6 USD (median by state)
- Natural Gas Price: $11.5 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Brookfield, WI could entail higher utility costs. Electricity costs sit at $17.6, while natural gas is priced at $11.5 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Brookfield is a financially viable option for your relocation.