Cost of Living in Brooklyn, WI

With a cost of living index of 94, Brooklyn, WI is slightly more affordable than average. Living here is 6% cheaper than the national average and 15% above the Wisconsin state average of 79. Brooklyn is a small community of 1,457 residents.

Housing costs are the biggest factor in Brooklyn's cost of living. The median monthly rent is $1,310 (1% below the US median of $1,319), and the median home value sits at $255,100 (16% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Brooklyn is $100,357, which is 34% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Madison, WI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.