Menomonee Falls, WI vs Waukesha, WI

Waukesha is moderately more affordable than Menomonee Falls, with a 7.3% lower cost of living index. Menomonee Falls scores 100 compared to 93 for Waukesha, where the US average is 100. This difference means residents of Menomonee Falls can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Menomonee Falls is $1,257/month compared to $1,183/month in Waukesha — a 6% difference. Home values follow the same pattern: Waukesha is more affordable at $286,600 median vs $341,600.

Median household income in Menomonee Falls is $98,460 compared to $81,651 in Waukesha (+20.6%). While Menomonee Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Menomonee Falls spend roughly 15.3% of their income on rent, less than the 17.4% in Waukesha.