Housing costs in Elm Grove?
A typical home costs
$514,400, which is 52.1% more expensive than the national average of
$338,100 and 110.7% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Elm Grove costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and 16.3% more than the state average of
$1,030.
Can I afford Elm Grove?
To live comfortably in Elm Grove, Wisconsin, a minimum annual income of
$98,640 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Elm Grove?
Elm Grove, WI is an affordable place to live with a cost of living that is 4% lower than the national average. This makes it an attractive option for those looking for a quality and reasonably-priced home. Basic necessities such as food, transportation, healthcare, and housing are all priced at more affordable rates than in many other parts of the country. The median home price in Elm Grove is slightly over $360,000 which is 15% less than the state average. Renters can expect to pay around $1,100 for a one bedroom apartment, and utilities are also more reasonable than in other areas. This makes Elm Grove an ideal place for those who want to stretch their budget without sacrificing quality of life.