Cost of Living in Hudson, WI

Housing

The housing market plays a significant role in determining the cost of living in Hudson, WI.

• Housing Index: 110.0 / 100
• Median Home Price is: $330000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1300 per month

When considering a move to Hudson, WI, the housing index stands at 110.0, indicating it’s slightly above the national average. With a median home price of 330000, purchasing a home here may require a more significant financial commitment compared to some other locations. Rental options are also relatively priced, with an average rent of 1200 for apartments and 1300 for houses. This suggests that whether you're looking to rent or buy, you'll need to assess your budget thoughtfully. Additionally, consider the local amenities and job market, which play crucial roles in the overall cost of living.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hudson, 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 Hudson, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 105.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $90250

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Hudson, WI, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.