Cost of Living in Drummond, WI
Housing
The housing market plays a significant role in determining the cost of living in Drummond, WI.
- Housing Index: Data is updating
- Median Home Price is: $175,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Drummond, WI? The current median home price is quite attractive at 175000, which tends to indicate a buyer's market. However, with a housing index of 0.0, it's essential to be cautious as this might reflect variable market conditions. Unfortunately, data points for average rent for a 2-bedroom apartment and house appear unavailable, which limits a full rental market analysis. Overall, if homeownership is your target, this market could be worth exploring, especially as property values in similar areas often appreciate over time. Always consider further research on local amenities and community dynamics!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Drummond, 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.): Data is updating
Living in Drummond, 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 data unavailable 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 Drummond is a financially viable option for your relocation.