Cost of Living in Greenfield, WI

Population 37,361 · Wisconsin · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Greenfield cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $248,000, rents near $1,123 a month. The labor market has been unusually tight, with unemployment around 2.7% — below most comparable cities in the state.

Located 7 miles south of Milwaukee, Greenfield falls within that metro's commuting orbit. Median home values run roughly 44% higher than Milwaukee's $172,000.

Cost Overview

Housing 81
Rent 85

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Greenfield

The median home value in Greenfield is $247,800 — 19% below the national median of $305,000. Median rent runs $1,123/month, 15% lower than the national median of $1,314/month. The median household income of $69,016/year is 7% lower than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 57.4°F and lows of 41.3°F, with about 48.7" of annual snowfall. Overall, Greenfield has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$247,800
19% below avg
Zillow Home Value
$316,314
Zillow ZHVI
Median Rent
$1,123/mo
15% below avg
Price-to-Rent Ratio
18.4x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 56.5%
Renter-occupied 43.5%

💰 Estimated Monthly Budget

Rent median rent
$1,123
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,737/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.7 min
12% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.0%

Commute Mode

Drove alone
79.7%
Carpooled
5.4%
Public transit
0.6%
Walked
1.0%
Bicycle
0.0%
Work from home
13.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$69,016
7% below avg
Per Capita Income
$41,175
Unemployment Rate
2.7%
45% below avg
Poverty Rate
8.1%
Labor Force Participation
64.3%

🎓 Education

Bachelor's degree+ 21.8%
Graduate degree 10.4%

👥 Demographics

Median Age 43
Male median age 41.1
Female median age 45.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.4°F
Avg Low
41.3°F
Annual Precip
34.6"
Annual Snowfall
48.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313444556777828074614836
Low °F 172029384858656456453323
Precip" 1.791.692.203.863.544.383.403.653.162.782.241.88
Snow" 14.911.86.72.10.00.00.00.00.00.32.510.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
45.5%
Good air days/yr
250
Max AQI recorded
258
PM2.5 days
102
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95.2%
4-Year Graduation Rate
14.6:1
Student-teacher ratio
11
Public schools
6,017
Total enrollment

Frequently Asked Questions

What is the cost of living in Greenfield, WI?

Greenfield has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Greenfield, WI?

The median gross rent in Greenfield is $1,123 per month based on 2023 Census data.

What is the average home price in Greenfield?

The median home value in Greenfield is $247,800 according to Zillow and Census data.

What is the median income in Greenfield?

The median household income in Greenfield is $69,016 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenfield, WI?

The combined state and local sales tax rate in Greenfield is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Greenfield, WI affordable?

Yes, Greenfield is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.

What is the weather like in Greenfield?

Greenfield has average high temperatures of 57.4°F and average lows of 41.3°F. Annual precipitation is 34.6". Average annual snowfall is 48.7". Data from NOAA 1991–2020 Climate Normals.

Greenfield at a Glance

Population
37,361
Median Income
$69,016
Home Value
$247,800
Median Rent
$1,123/mo
Unemployment
2.7%
Avg High Temp
57.4°F
Sales Tax
5.4%
View all cities in Wisconsin →
🗺️ County data for Wisconsin

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs