Cost of Living in South milwaukee, WI
Housing
The housing market plays a significant role in determining the cost of living in South milwaukee, WI.
- Housing Index: 99.2 / 100
- Median Home Price is: $217,000
- Average Rent (2 BR Apartment): $1069 per month
- Average Rent (2 BR House): $1162 per month
When considering a move to South milwaukee, WI, the housing index stands at 99.2, indicating it's slightly below the national average, suggesting potential affordability for home seekers. The median home price of 217000 is quite competitive, especially compared to average rents. Renting a 2-bedroom apartment amounts to 1069, while a 2-bedroom house averages 1162. This data highlights a more accessible market for renters and prospective buyers alike. Additionally, it’s essential to consider local amenities and job market strength, which can further influence your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South milwaukee, 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 South milwaukee, 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 South milwaukee is a financially viable option for your relocation.