Shorewood, WI Cost of Living


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Shorewood cost of living score
88
Less expensive
12.0% lower
than the US average
2.1% lower
than the Wisconsin average
Shorewood, Wisconsin gets a BestPlaces Cost of Living score of 88, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.0% lower than the U.S. average and 2.1% higher than the average for Wisconsin.

Shorewood, WI

Housing costs in Shorewood?
A typical home costs $423,400, which is 25.2% more expensive than the national average of $338,100 and 73.5% more expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Shorewood costs $1,350 per month, which is 5.6% cheaper than the national average of $1,430 and 23.7% more than the state average of $1,030.

Can I afford Shorewood?
To live comfortably in Shorewood, Wisconsin, a minimum annual income of $81,000 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Shorewood?
Shorewood, WI is an affluent suburb of Milwaukee and offers a high quality of life. The cost of living in Shorewood is higher than the national average, primarily driven by housing costs which are 32% higher than the national average. However, other costs such as groceries, utilities, and transportation are similar to or slightly below the national average. Overall, Shorewood is a great place to live with plenty of amenities at a slightly higher cost of living than most places in the United States.
   Cost of living score
     CategoriesShorewoodWisconsinUnited States
  88.089.9100.0
  102.194.7100
  93.298.9100.0
  146.479.3100.0
  $423,400$244,100$338,100
  101.5%99.0%100.0%
  100.386.9100.0
  120.1106.6100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Shorewood
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Over 7 years ago

Shorewood is as good as it gets in the Milwaukee Metro. Going to keep things simple with a list of pros and cons. PROS: -Amenities (groceries, gyms, restaurants,  More

   |    Reply

This is a nice community, very safe, great school and close to Milwaukee downtown. Hight tax  More

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