Housing costs in Colfax?
A typical home costs
$146,100, which is 56.8% less expensive than the national average of
$338,100 and 40.1% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Colfax costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$1,030.
Can I afford Colfax?
To live comfortably in Colfax, Wisconsin, a minimum annual income of
$28,080 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Colfax?
The cost of living in Colfax village, WI is relatively affordable. The median home cost in the area is around $136,700, as of 2019. This is significantly lower than the national median home cost, allowing residents to save a substantial amount in housing costs. Groceries, health care, utilities, and transportation are all generally affordable as well. In addition, Wisconsin's income tax rate is lower than average compared to other states. All of these factors make Colfax village a great place for those who want to live comfortably while staying within their budget.