Cost of Living in Hudson, WI
Housing
The housing market plays a significant role in determining the cost of living in Hudson, WI.
- Housing Index: 99.2 / 100
- Median Home Price is: $330,000
- Average Rent (2 BR Apartment): $1703 per month
- Average Rent (2 BR House): $1851 per month
When considering a move to Hudson, WI, the housing index stands at 99.2, indicating it’s slightly above the national average. With a median home price of 330000, purchasing a home here may require a more significant financial commitment compared to some other locations. Rental options are also relatively priced, with an average rent of 1703 for apartments and 1851 for houses. This suggests that whether you're looking to rent or buy, you'll need to assess your budget thoughtfully. Additionally, consider the local amenities and job market, which play crucial roles in the overall cost of living.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hudson, 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 Hudson, 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 Hudson is a financially viable option for your relocation.