Cost of Living in Shorewood, WI
Population 13,682 · Wisconsin · Data vintage 2023
(100 = US avg)
Shorewood sits on the smaller end of the Wisconsin city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Geographically, Shorewood is part of the immediate Milwaukee metro area. Median home values run roughly 146% higher than Milwaukee's $172,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Shorewood
The median home value in Shorewood is $423,600 — 39% above the national median of $305,000. Median rent runs $1,291/month, 2% lower than the national median of $1,314/month. The median household income of $89,135/year is 20% higher than the US median of $74,580. The local unemployment rate is 3.2%, 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, Shorewood has a cost of living index of 123 versus the US average of 100, meaning it is 23% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 31 | 34 | 44 | 55 | 67 | 77 | 82 | 80 | 74 | 61 | 48 | 36 |
| Low °F | 17 | 20 | 29 | 38 | 48 | 58 | 65 | 64 | 56 | 45 | 33 | 23 |
| Precip" | 1.79 | 1.69 | 2.20 | 3.86 | 3.54 | 4.38 | 3.40 | 3.65 | 3.16 | 2.78 | 2.24 | 1.88 |
| Snow" | 14.9 | 11.8 | 6.7 | 2.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 2.5 | 10.4 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Shorewood, WI?
Shorewood has a cost index of 123 (100 = national average). It is 23% above the national average.
What is average rent in Shorewood, WI?
The median gross rent in Shorewood is $1,291 per month based on 2023 Census data.
What is the average home price in Shorewood?
The median home value in Shorewood is $423,600 according to Zillow and Census data.
What is the median income in Shorewood?
The median household income in Shorewood is $89,135 per year (2023 ACS 5-year estimates).
What is the sales tax in Shorewood, WI?
The combined state and local sales tax rate in Shorewood is 5.4%. The Wisconsin state income tax top rate is 7.7%.
Is Shorewood, WI affordable?
Shorewood is above average in cost of living, with an index of 123 — about 23% higher than the national average.
What is the weather like in Shorewood?
Shorewood 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.
Shorewood at a Glance
- Population
- 13,682
- Median Income
- $89,135
- Home Value
- $423,600
- Median Rent
- $1,291/mo
- Unemployment
- 3.2%
- Avg High Temp
- 57.4°F
- Sales Tax
- 5.4%
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