Housing costs in New Berlin?
A typical home costs
$366,900, which is 8.5% more expensive than the national average of
$338,100 and 50.3% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in New Berlin costs
$1,510 per month, which is 5.6% more than the national average of
$1,430 and 31.8% more than the state average of
$1,030.
Can I afford New Berlin?
To live comfortably in New Berlin, Wisconsin, a minimum annual income of
$70,200 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about New Berlin?
The cost of living in New Berlin, WI is relatively affordable. The median household income is approximately $76,625 - slightly below the state average - and the estimated median house or condo value is about $226,000. Utilities, including electricity and water, are relatively inexpensive compared to other cities in Wisconsin. Groceries are also reasonably priced with a good selection of stores available. Generally speaking, New Berlin's cost of living is lower than the surrounding metropolitan area which makes it an attractive option for many people looking for a more affordable place to live.