Housing costs in Beloit?
A typical home costs
$144,500, which is 57.3% less expensive than the national average of
$338,100 and 40.8% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Beloit costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and close to the state average of
$1,030.
Can I afford Beloit?
To live comfortably in Beloit, Wisconsin, a minimum annual income of
$27,720 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Beloit?
Beloit, WI offers an affordable cost of living, making it a great place for families to live and work. The overall cost of living in the city is 8% lower than the US average, and housing costs are especially low at 18% below the national average. The median home value in Beloit is around $117,400, with rent prices averaging about $800 per month. In addition to affordable housing prices, food and transportation costs also remain relatively low within the city compared to other areas in Wisconsin.