Housing costs in Oconomowoc?
A typical home costs
$360,900, which is 6.7% more expensive than the national average of
$338,100 and 47.8% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Oconomowoc costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 14.9% more than the state average of
$1,030.
Can I afford Oconomowoc?
To live comfortably in Oconomowoc, Wisconsin, a minimum annual income of
$69,120 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Oconomowoc?
The cost of living in Oconomowoc, WI is quite reasonable and affordable. The median home price in the city is about $240,000, which is significantly lower than the national median of $310,400. This makes owning a home in Oconomowoc an attractive option for those who are looking for a more affordable option. In addition, the unemployment rate in Oconomowoc is much lower than the national average and the cost of groceries and other essentials is also relatively low compared to some other parts of Wisconsin. All of this makes Oconomowoc an ideal location for anyone looking to make their home in a safe and secure environment while also keeping their costs down.