Housing costs in Magnolia?
A typical home costs
$238,100, which is 29.6% less expensive than the national average of
$338,100 and 2.5% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Magnolia costs
$980 per month, which is 31.5% more than the national average of
$1,430 and 5.1% more than the state average of
$1,030.
Can I afford Magnolia?
To live comfortably in Magnolia, Wisconsin, a minimum annual income of
$45,720 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Magnolia?
The cost of living in Magnolia, WI is quite affordable. The area offers a variety of housing options, from renovated historic homes to modern apartments and condos. Prices are quite reasonable for the size of homes, typically ranging from $100,000 to $200,000. The median household income in the area is around $52,000 and the unemployment rate is low at about 3%. Along with housing costs, other basic necessities such as groceries and gas are also quite affordable. Overall, it's a great place to live in terms of both quality of life and affordability.