Cost of Living in Muskego, WI
Housing
The housing market plays a significant role in determining the cost of living in Muskego, WI.
- Housing Index: 105.0 / 100
- Median Home Price is: $353,000
- Average Rent (2 BR Apartment): $1400 per month
- Average Rent (2 BR House): $1420 per month
When evaluating a move to Muskego, WI, consider the housing market dynamics. With a housing index of 105.0, indicative of higher-than-average housing costs, the median home price stands at 353000. Renting is also notable, with the average rent for a 2-bedroom apartment reaching 1400 and a house at 1420. This suggests a competitive rental market. For long-term investment, assess potential appreciation versus rental pricing trends in the area, as well as local amenities and quality of life, which can also impact your decision significantly.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Muskego, 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 Muskego, 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 Muskego is a financially viable option for your relocation.