Monona, WI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Monona, WI Summary

Cost of living in Monona research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Monona is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Wisconsin, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Monona is 110, with 100 being the average.

  • The cost of living index in Monona is 1.1x higher than the national average.

  • Monona ranks as the #129 cheapest in Wisconsin out of 143.

  • Monona ranks as the #4,128 cheapest out of 6,412 in the US.

  • The median home value in Monona is $303,300.

  • The median income in Monona is $82,579.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
110
Monona's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Monona, WI?

According to the most recent data on the cost of living, Monona has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.

Compared to Wisconsin, Monona has a cost of living index that's 1.2x higher than Wisconsin's index of 95.

The standard of living in Monona ranks as #129 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies Monona ranks as the #14 most expensive place in the Badger State.

For more reading on life in Monona, check out:

129 out of 143
In Wisconsin
4,128 out of 6,412
In America

Monona Cost Of Living Vs. Wisconsin

Six factors go into calculating the cost of living index in Monona. Here is how it fairs on each of the criteria:

  • The Services index in Monona is 107.

  • The Groceries index in Monona is 110.

  • The Health index in Monona is 124.

  • The Housing index in Monona is 114.

  • The Transportation index in Monona is 101.

  • The Utilities index in Monona is 101.

Living Expense Monona Wisconsin National Average
Overall 110 95 100
Services 107 97 100
Groceries 110 98 100
Health 124 114 100
Housing 114 84 100
Transportation 101 96 100
Utilities 101 103 100
For more reading on cost of living around Wisconsin, check out:
Monona Cost of Living Vs. WI

Monona, WI Housing Cost Breakdown

Housing swings affordability the most between places in Wisconsin, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Monona is $303,300.

  • The Median Rent in Monona is $1,059.

  • The Median Income in Monona is $82,579.

  • The Home Value To Income in Monona is 3.7x.

  • The Rent To Monthly Income in Monona is 0.15x.

Statistic Monona Wisconsin United States
Median Home Value $303,300 $200,400 $244,900
Median Rent $1,059 $916 $1,163
Median Income $82,579 $67,080 $69,021
Home Value To Income 3.7x 3.0x 3.5x
Rent To Monthly Income 0.15x 0.16x 0.2x
Search Homes For Sale In Monona, WI
$303,300
Median Home Value
$1,059
Median Rent
$82,579
Median Income

Monona, WI Costs By Category

Detailed Monona Services Costs Vs. Wisconsin

Item Monona Wisconsin
Shampoo $1.17 $1.06
Movie $10.98 $10.68
Bowling $22.33 $14.67
Haircut $18.66 $18.62
Beauty Salon $48.44 $39.05

Detailed Monona Groceries Costs Vs. Wisconsin

Item Monona Wisconsin
Ground Beef $4.41 $4.22
Fried Chicken $1.61 $1.39
Milk $2.26 $2.05
Potatoes $2.55 $3.29
Pizza $10.49 $10.62
Beer $8.27 $9.38
Toothpaste $2.36 $2.34

Detailed Monona Health Costs Vs. Wisconsin

Item Monona Wisconsin
Optometrist $57.0 $108.57
Doctor $201.33 $116.17
Dentist $113.22 $99.13

Detailed Monona Transportation Costs Vs. Wisconsin

Item Monona Wisconsin
Gasoline $2.18 $2.22
Tire Balancing $56.17 $50.07

Detailed Monona Utilities Costs Vs. Wisconsin

Item Monona Wisconsin
All Electricity $169.31 $167.67
Phone $179.44 $175.64

Monona SnackAbility

9
/10
Overall SnackAbility
Jobs
9/10
Housing
8
Affordability
8
Diversity
6
Safety
6
Amenities
8.5
Education
9.5
Commute
8.5

Cost Of Living In Cities Around Monona

The cost of living varies in the cities and towns around Monona. Here's a quick look at the cost of living in the most populous nearby places:

  • Madison, WI has a cost of living index of 109, 1.0x Monona.

  • Sun Prairie, WI has a cost of living index of 108, 1.0x Monona.

  • Fitchburg, WI has a cost of living index of 115, 1.0x Monona.

City Population Cost Of Living Vs. Monona
Madison, WI 265,447 109 1.0x
Sun Prairie, WI 35,528 108 1.0x
Fitchburg, WI 29,361 115 1.0x
Middleton, WI 21,634 118 1.1x
Waunakee, WI 14,679 119 1.1x
Verona, WI 13,798 116 1.1x
Stoughton, WI 13,158 101 0.9x
Oregon, WI 11,100 110 1.0x
DeForest, WI 10,700 104 0.9x
McFarland, WI 9,026 109 1.0x

Articles About Wisconsin

Enjoy The Snack?