Cost of Living in Merrill, WI
Housing
The housing market plays a significant role in determining the cost of living in Merrill, WI.
- Housing Index: Data is updating
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Merrill, WI, the housing index stands at 0.0, indicating minimal or no market fluctuation, possibly making it a stable option for potential buyers. The median home price of 200000 suggests an affordable average compared to national figures. However, indicators for renting—both the average rent for a 2BR apartment at 0.0 and a 2BR house at 0.0—are missing, which may signal limited rental availability. Overall, if you're looking for affordable homeownership, Merrill remains an appealing consideration.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Merrill, 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 Merrill, 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 Merrill is a financially viable option for your relocation.