Cost of Living in Barron, WI
Housing
The housing market plays a significant role in determining the cost of living in Barron, WI.
- Housing Index: 90.0 / 100
- Median Home Price is: $188,500
- Average Rent (2 BR Apartment): $880 per month
- Average Rent (2 BR House): $896 per month
In Barron, WI, the housing index stands at an appealing 90.0, suggesting a cost-effective environment for potential homebuyers and renters. With a median home price of 188500, the area presents an affordable option for those looking to invest in property. Average rents for a 2-bedroom apartment are approximately 880, while a similar-sized house averages slightly higher at 896. This data implies that smaller families and young professionals may find an advantageous opportunity for both renting and buying in this area, especially compared to national averages where prices often soar.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Barron, 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.): $200 per month
Living in Barron, 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 $200 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 Barron is a financially viable option for your relocation.