Cost of Living in Westfield, WI
Population: 1,272 | Wisconsin
Westfield is 32% less expensive than the national average.
Cost of Living in Westfield, WI: What You Need to Know
With a cost of living index of 68, Westfield, WI is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 11% below the Wisconsin state average of 79. Westfield is a small community of 1,272 residents.
Housing costs are the biggest factor in Westfield's cost of living. The median monthly rent is $769 (42% below the US median of $1,319), and the median home value sits at $140,500 (54% 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 Westfield is $56,518, which is 25% lower 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. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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.
Income
- Median Household Income
- $56,518
- vs US Median ($75,149)
- -25%
Housing
- Median Rent
- $769/mo
- Median Home Value
- $140,500
- Median Monthly Housing Cost
- $901/mo