The cost of living varies not only from state to state, but also from neighborhood to neighborhood within states. St. Croix County, which includes Hudson, has the highest overall cost of living for a family of four in Wisconsin, at $93,772 per year, much exceeding the statewide average of $81,183.
Grant County, on the other hand, is the most affordable place in Wisconsin. The average yearly cost of living in the area for a family of four is $72,677, which is $8,505 less than the state average. Grant County’s most populous community is Platteville.
What are the monthly utility costs in Wisconsin?
Wisconsin energy users spend an average of $148 per month on electricity. This equals $1,778 per year.
The national average electric cost is $1,865, therefore this is a savings of 5%. The average power rate in Wisconsin is $15 per kilowatt-hour (kWh), which means that the average Wisconsin energy user uses 958 kWh per month and 11,496 kWh per year.
Is Green Bay a good deal?
Green Bay was named one of the top ten most affordable cities in the United States. WFRV/WFRV/WFRV/WFRV/WFRV/WFRV/WFRV/WFRV/WFRV/WFRV Despite rising house costs, Green Bay is among the top ten most affordable cities in the United States for 2021-2022.
Is it Expensive to Live in Green Bay?
Green Bay’s housing costs are 19 percent cheaper than the national average, while utilities costs are 3% higher. Expenses for transportation, such as bus fares and gas costs, are 0% more than the national average. Green Bay has 9 percent lower grocery prices than the national average.
What is Wisconsin’s most depressing city?
According to a 24/7 Wall St. research of towns where households have the most difficulty achieving pleasure and fulfillment, Beloit was voted the worst place to live in Wisconsin.
Beloit, which has a population of 36,813, has a typical home value of $87,400. According to the report, the community’s poverty rate was 24.1 percent, and its five-year annual unemployed rate was 9.4 percent.
24/7 Wall St. analyzed data from the Federal Bureau of Investigation, the Centers for Disease Control and Prevention, and the Census Bureau to identify which cities in each state are experiencing the most social and economic hardship. To determine the worst areas to live, it examined 25 social, financial, and health factors.
According to the study, the majority of these cities have had population declines in the last five years. The cities on the list, however, may not rate as poorly when compared to communities on a nationwide scale, according to the authors.
What is the minimum amount of money required to live comfortably in Wisconsin?
In any event, a family of four might live comfortably on just over $4,000 a month, or about $48,000 per year. All expenses, such as mortgage and auto payments, school meals, food, utilities, and miscellaneous, would be included. This, too, differs from family to family.
Is it true that housing prices in Wisconsin are falling?
Friend explained, “Sometimes before I can even get a buyer into a listing for a showing, it’s already under contract.”
According to the Wisconsin Realtors Association, house sales in January were down slightly from the same month in 2021, but they are still around historic highs. The 4.2 percent year-over-year reduction in January reflects a restricted housing supply. According to the group, the median price of properties in the state has increased by ten percent.
As a result, a sellers market has emerged, with dozens of buyers interested in the same home as soon as it hits the market.
Is it true that home prices in Wisconsin are falling?
Last month, the median price of a property in Wisconsin was $235,000, up 9.3% from February of the previous year.
Last month, the WRA recorded 4,300 homes sold, a 4.7 percent decrease year over year.
Another result of the hot housing market: according to a new research by the Wisconsin Policy Forum, state and local governments received $132.6 million in revenue from real estate transfers in fiscal year 2021, up 37 percent from the previous year.