Housing costs in Rio?
A typical home costs
$189,600, which is 43.9% less expensive than the national average of
$338,100 and 22.3% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Rio costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 4.6% more than the state average of
$1,030.
Can I afford Rio?
To live comfortably in Rio, Wisconsin, a minimum annual income of
$36,360 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Rio?
Rio, Wisconsin boasts a surprisingly low cost of living in the midst of an otherwise expensive Midwest region. The city's property taxes are some of the lowest in the state, and overall expenses for day-to-day living such as groceries, transportation, and utilities are relatively low when compared to many other places in the region. With a median housing price well under $200,000 and a median monthly rent hovering around $900, Rio is a great option for budget conscious families and individuals looking to make their money go further.