Cost of Living in Menomonee falls, WI

Housing

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

• Housing Index: 85.0 / 100
• Median Home Price is: $299000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1080 per month

In analyzing the housing market in Menomonee falls, WI, the housing index stands at 85.0, indicating affordability relative to the national average. With a median home price of 299000, purchasing a home can be a viable option for many prospective residents. Additionally, the average rent for a 2-bedroom apartment is 1200, while a 2-bedroom house rents for 1080, both providing reasonable choices for those looking to rent. Consider these indicators alongside your lifestyle needs to determine if Menomonee falls is right for your next home.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Menomonee 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 Menomonee 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 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: 92.5

Median Income

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

• Median Income: $96986

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 Menomonee falls, 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.