Cost of Living in Coloma, WI
Housing
The housing market plays a significant role in determining the cost of living in Coloma, WI.
- Housing Index: 99.2 / 100
- Median Home Price is: $165,000
- Average Rent (2 BR Apartment): $1325 per month
- Average Rent (2 BR House): $1440 per month
Considering a move to Coloma, WI? The housing index sits at 99.2, suggesting an affordable market; however, with a median home price of 165000, it's clear that purchasing property remains within reach for many. Average rent for a 2-bedroom apartment is 1325, while a house commands a slightly higher 1440. Keep in mind that rental prices reflect demand and location preferences; thus, researching neighborhoods can yield better options. Overall, if affordability is key, Coloma presents a promising opportunity for both renters and potential homebuyers.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Coloma, WI.
- Electricity Price: $17.6 USD (median by state)
- Natural Gas Price: $11.5 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $231 per month
Living in Coloma, WI could entail higher utility costs. Electricity costs sit at $17.6, while natural gas is priced at $11.5 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $231 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Coloma is a financially viable option for your relocation.