Cost of Living in Washburn, WI
Housing
The housing market plays a significant role in determining the cost of living in Washburn, WI.
- Housing Index: 95.0 / 100
- Median Home Price is: $214,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Analyzing the data for Washburn, WI, we find a housing index of 95.0, indicating that real estate costs are relatively affordable. With a median home price of 214000, purchasing a home here could be a viable option for families or individuals looking to invest. The average rent for a 2-bedroom apartment is 1200, and renting a 2-bedroom house sits at 1360, making varying rental options available. Overall, if you're considering a move, Washburn offers a balanced approach, combining affordability and housing flexibility.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Washburn, 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 Washburn, 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 Washburn is a financially viable option for your relocation.