Mukwonago, Wisconsin, offers a cost of living slightly below the national average. The overall cost of living index for Mukwonago stands at 96, which means it is 4% less expensive than the nationwide average. Housing costs 7% less, groceries 2% less, utilities 3% less, transportation 5% less, and miscellaneous costs 1% less. However, healthcare costs are equivalent to the national average.
The cost of living in Mukwonago, WI, compares favorably to the nationwide average, offering potential residents a more budget-friendly living experience in several key areas. Housing costs, for instance, stand at 93% of the national average, indicating a slight reduction in expenses for those considering homeownership or rental. This means that, on average, housing in Mukwonago is 7% cheaper than the average price paid nationwide, making it an attractive option for families and individuals looking to save on their monthly bills.
In addition to housing, groceries and utilities in Mukwonago are also slightly below the national average. Groceries cost 98% of the average, a very minor difference that suggests minimal savings here. Utilities, slightly more cost-effective, are at 97% of the national average, offering a 3% savings for residents. Transportation costs in Mukwonago are also competitive, standing at 95% of the national average, translating to a 5% reduction in what commuters might expect to pay. Healthcare and miscellaneous expenses are nearly on par with the national average, at 100% and 99%, respectively, ensuring that essential services remain accessible without significantly impacting the budget. Overall, Mukwonago presents a cost-effective living option in multiple critical areas.
