Housing costs in Elmwood Park?
A typical home costs
$285,400, which is 15.6% less expensive than the national average of
$338,100 and 16.9% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Elmwood Park costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 5.5% more than the state average of
$1,030.
Can I afford Elmwood Park?
To live comfortably in Elmwood Park, Wisconsin, a minimum annual income of
$54,720 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Elmwood Park?
Elmwood Park, WI is a great place to live with its low cost of living. The cost of living index for Elmwood Park is 87.2, which is lower than the national average of 100. A family can expect to pay an average of $214,000 for a three-bedroom home in this neighborhood. Additionally, the median household income in Elmwood Park is $61,138 making it easier to afford the cost of living expenses. Groceries and utilities are also less expensive compared to other parts of Wisconsin and the nation as a whole. The overall cost of living in Elmwood Park makes it an attractive location for people looking for an affordable place to call home.