Cost of Living in Park falls, WI
Housing
The housing market plays a significant role in determining the cost of living in Park falls, WI.
- Housing Index: 85.0 / 100
- Median Home Price is: $176,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $850 per month
In analyzing the housing data for Park falls, WI, we see a housing index of 85.0, indicating affordability is relatively favorable. The median home price sits at 176000, making it accessible for many buyers. When it comes to rentals, the average rent for a 2BR apartment is 800, and for a 2BR house, it's slightly higher at 850. This suggests that while purchasing a home is a viable option, renting could also be attractive for those seeking flexibility. Overall, Park falls offers various options for residents at different price points.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Park falls, 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.): $250 per month
Living in Park falls, 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 $250 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 Park falls is a financially viable option for your relocation.