Rent is lower than in 51% of U.S. cities. Household incomes are higher than in 91% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (86%) are owned, so rentals can be hard to find. It is a highly educated city: 69.6% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $65,000 a year. That is $31 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 116 of 156 cities from cheapest to most expensive.
How much do households earn in Mequon?
Share of households by yearly income. 55.6% of households earn $100,000 or more.
Rent by apartment size in Mequon
| Size | Mequon | U.S. average |
|---|---|---|
| 1 bedroom | $1,079 | $1,324 |
| 2 bedrooms | $2,390 | $1,509 |
| 3 bedrooms | $3,297 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mequon overall?
Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mequon, so the Wisconsin figure is shown.
Taxes and bills in Mequon
Life in Mequon
Is it cheaper to rent or buy in Mequon?
Renting is cheaper right now: about $1,855 a month less.
Owning assumes a typical $501,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $50,160 for the down payment.
Frequently asked questions
What is the average rent in Mequon, WI?
Renting in Mequon costs a median of about $1,625 a month in 2026, including utilities. The Wisconsin median is $1,305.
How much do I need to make to live in Mequon?
To keep rent under 30% of income, you need about $65,000 a year, or $31 an hour at a full-time job.
Is Mequon cheap or expensive?
Mequon is rated Cheap: rent takes 12.6% of the typical household income of $155,359. It ranks 116th cheapest of 156 Wisconsin cities we track.
How much are property taxes in Mequon?
The median homeowner in Mequon pays $5,788 a year in property taxes, about 1.15% of the median home value.
Is Mequon 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 Mequon?
The median home value in Mequon is $501,600, about 3.2 times the typical yearly household income.
25,270 people live in Mequon. Numbers are typical (middle) values.