Cost of Living in Ephraim, WI
Housing
The housing market plays a significant role in determining the cost of living in Ephraim, WI.
- Housing Index: Data is updating
- Median Home Price is: $132,500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the data for Ephraim, WI, reveals a housing index of 0.0, indicating minimal affordability metrics which could suggest a stagnation in market activity. The median home price stands at 132500, which is below the national average and may present a good opportunity for homebuyers. However, it’s important to note that both the average rent for a 2BR apartment and 2BR house are currently at 0.0 and 0.0, respectively. This scenario may hint at potential housing market challenges for renters.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ephraim, 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 Ephraim, 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 Ephraim is a financially viable option for your relocation.