States › Wisconsin › Menomonee Falls

Is Menomonee Falls, WI expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,92110% higher than U.S. average
💵 Families earn per year (2026)$108,107about $9,009/month · 24% higher than U.S. average
🔑 House price$368,00011% higher than U.S. average

Rent is higher than in 65% of U.S. cities. A typical house costs about 3.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $76,840 a year. That is $37 an hour at a full-time job.

Is rent cheaper than other Wisconsin cities?

No. Rent here is more expensive than in most of Wisconsin. It is number 145 of 156 cities from cheapest to most expensive.

Menomonee Falls
$1,921
Wausau
$1,156
New Berlin
$1,893
Brookfield
$2,161
Sun Prairie
$1,950
Greenfield
$1,555
Oak Creek
$1,723

How much do households earn in Menomonee Falls?

Under $25k
10.1%
$25k–50k
16.5%
$50k–100k
31.2%
$100k–150k
21.8%
$150k+
17.7%

Share of households by yearly income. 39.5% of households earn $100,000 or more.

Rent by apartment size in Menomonee Falls

SizeMenomonee FallsU.S. average
Studio$1,117$1,338
1 bedroom$1,301$1,324
2 bedrooms$1,631$1,509
3 bedrooms$1,353$1,698
4 bedrooms$2,359$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Menomonee Falls overall?

Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).

Housing
79
Goods (food, clothes…)
94
Utilities
90
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Menomonee Falls, so the Wisconsin figure is shown.

Taxes and bills in Menomonee Falls

🏛️ Property tax$4,261a year · 1.16% of home value · U.S. $3,119
⚡ Electric bill$179a month (typical) · U.S. $156

Life in Menomonee Falls

Commute to work20.8 minU.S.: 26.4 min
College degree48.2%U.S.: 35.7%
Own their home74%U.S.: 65.2%
Below poverty line5.2%U.S.: 12.5%
Unemployment1.9%U.S.: 5.2%

Is it cheaper to rent or buy in Menomonee Falls?

Renting is cheaper right now: about $632 a month less.

Renting
$1,921
Owning
$2,553

Owning assumes a typical $368,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,800 for the down payment.

Frequently asked questions

What is the average rent in Menomonee Falls, WI?

Renting in Menomonee Falls costs a median of about $1,921 a month in 2026, including utilities. The Wisconsin median is $1,305.

How much do I need to make to live in Menomonee Falls?

To keep rent under 30% of income, you need about $76,840 a year, or $37 an hour at a full-time job.

Is Menomonee Falls cheap or expensive?

Menomonee Falls is rated OK: rent takes 21.3% of the typical household income of $108,107. It ranks 145th cheapest of 156 Wisconsin cities we track.

How much are property taxes in Menomonee Falls?

The median homeowner in Menomonee Falls pays $4,261 a year in property taxes, about 1.16% of the median home value.

Is Menomonee Falls more expensive than the national average?

Overall prices in Wisconsin are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Menomonee Falls?

The median home value in Menomonee Falls is $368,000, about 3.4 times the typical yearly household income.

39,539 people live in Menomonee Falls. Numbers are typical (middle) values.