Cost of Living in Janesville, WI
Housing
The housing market plays a significant role in determining the cost of living in Janesville, WI.
- Housing Index: 85.0 / 100
- Median Home Price is: $233,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Janesville, WI? The housing index of 85.0 reflects a relatively affordable market compared to national averages. With a median home price of 233000, the option to purchase a home is attractive, especially given the average rent for a 2-bedroom apartment at 1200 and a house at 1280. This suggests potential savings on long-term living expenses if you opt for buying over renting. Additionally, understanding local amenities and real estate trends can further enhance your decision-making process in this vibrant community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Janesville, 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 Janesville, 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 Janesville is a financially viable option for your relocation.