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Cost of Living in Caledonia, WI

Population 25,257 · Census ACS 2020–2024 5-year estimates

Median rent$1,141
Median home value$303,400
Median household income$93,152

The median rent in Caledonia, WI is $1,141/month, 5% higher than the Wisconsin median and 19% lower than the U.S. median. The median home value is $303,400, 9% lower than the national median. Households earn a median of $93,152 a year, 20% higher than the state median.

Affordability

Rent as a share of median income: 14.7%
Income needed for median rent (30% rule): $45,640/yr
Home price-to-income ratio: 3.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,534/mo

Run your own numbers: mortgage calculator · hourly to salary

Caledonia vs. Wisconsin vs. U.S.

CaledoniaWisconsinU.S.
Median rent$1,141$1,087$1,413
Median home value$303,400$266,500$332,700
Median household income$93,152$77,485$80,734
Homeownership rate80.9%67.8%65.2%
Bachelor's degree or higher32.2%33.4%35.7%
Poverty rate4.5%10.6%12.5%
Unemployment rate3.2%3.2%5.2%
Work from home11.0%13.1%15.1%
Median age43.840.238.9

FAQ

What is the average rent in Caledonia, WI?

The median gross rent in Caledonia, WI is $1,141 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Caledonia, WI?

Using the common 30% rule, renting a median-priced home takes about $45,640 a year in gross income.

Is Caledonia, WI expensive to live in?

Rent there is 19% lower than the U.S. median, and the median home costs about 3.3 times the median household income.

Other cities in Wisconsin

Milwaukee, WIRent $1,059 · Income $54,234Madison, WIRent $1,413 · Income $78,050Green Bay, WIRent $932 · Income $66,206Kenosha, WIRent $1,186 · Income $71,239Racine, WIRent $1,033 · Income $57,740Appleton, WIRent $1,030 · Income $80,483

Cities with a similar cost of living

Rocky River, OHRent $1,175 · Income $94,026Brunswick, OHRent $1,157 · Income $90,663Hastings, MNRent $1,183 · Income $93,998West Fargo, NDRent $1,111 · Income $90,665North Ridgeville, OHRent $1,116 · Income $96,698Liberty, MORent $1,160 · Income $88,542

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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