States › Wisconsin › Pewaukee

Is Pewaukee, WI expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,01915% higher than U.S. average
💵 Families earn per year (2026)$116,855about $9,738/month · 34% higher than U.S. average
🔑 House price$447,10034% higher than U.S. average

Rent is higher than in 70% of U.S. cities. A typical house costs about 3.8 years of household income. Commutes are short, about 19.6 minutes. Most homes (83.2%) are owned, so rentals can be hard to find. It is a highly educated city: 57.3% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $80,760 a year. That is $39 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 150 of 156 cities from cheapest to most expensive.

Pewaukee
$2,019
$1,291
$1,234
$1,257

How much do households earn in Pewaukee?

Under $25k
4.8%
$25k–50k
13.7%
$50k–100k
38.3%
$100k–150k
19.3%
$150k+
23.0%

Share of households by yearly income. 42.2% of households earn $100,000 or more.

Rent by apartment size in Pewaukee

SizePewaukeeU.S. average
1 bedroom$1,542$1,324
2 bedrooms$1,886$1,509
3 bedrooms$2,074$1,698

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

How expensive is Pewaukee 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 Pewaukee, so the Wisconsin figure is shown.

Taxes and bills in Pewaukee

🏛️ Property tax$4,394a year · 0.98% of home value · U.S. $3,119
⚡ Electric bill$195a month (typical) · U.S. $156

Life in Pewaukee

Commute to work19.6 minU.S.: 26.4 min
College degree57.3%U.S.: 35.7%
Own their home83.2%U.S.: 65.2%
Below poverty line3.7%U.S.: 12.5%
Unemployment2.6%U.S.: 5.2%

Is it cheaper to rent or buy in Pewaukee?

Renting is cheaper right now: about $1,083 a month less.

Renting
$2,019
Owning
$3,102

Owning assumes a typical $447,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,710 for the down payment.

Frequently asked questions

What is the average rent in Pewaukee, WI?

Renting in Pewaukee costs a median of about $2,019 a month in 2026, including utilities. The Wisconsin median is $1,305.

How much do I need to make to live in Pewaukee?

To keep rent under 30% of income, you need about $80,760 a year, or $39 an hour at a full-time job.

Is Pewaukee cheap or expensive?

Pewaukee is rated OK: rent takes 20.7% of the typical household income of $116,855. It ranks 150th cheapest of 156 Wisconsin cities we track.

How much are property taxes in Pewaukee?

The median homeowner in Pewaukee pays $4,394 a year in property taxes, about 0.98% of the median home value.

Is Pewaukee 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 Pewaukee?

The median home value in Pewaukee is $447,100, about 3.8 times the typical yearly household income.

16,211 people live in Pewaukee. Numbers are typical (middle) values.