Cost of Living in Manitowoc, WI
Housing
The housing market plays a significant role in determining the cost of living in Manitowoc, WI.
- Housing Index: 99.2 / 100
- Median Home Price is: $231,000
- Average Rent (2 BR Apartment): $1325 per month
- Average Rent (2 BR House): $1440 per month
Considering the housing data for Manitowoc, WI, a housing index of 99.2 indicates affordability compared to the national average. With a 231000 median home price and average rent prices of 1325 for an apartment and 1440 for a house, this area presents attractive options for both renters and potential homeowners. Such prices suggest a balanced market, likely drawing both families and young professionals. Additionally, assess factors such as job availability and local amenities to make an informed decision about relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Manitowoc, 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 Manitowoc, 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 Manitowoc is a financially viable option for your relocation.