Housing costs in Lake Lorraine?
A typical home costs
$177,600, which is 47.5% less expensive than the national average of
$338,100 and 27.2% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Lake Lorraine costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and close to the state average of
$1,030.
Can I afford Lake Lorraine?
To live comfortably in Lake Lorraine, Wisconsin, a minimum annual income of
$34,200 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Lake Lorraine?
The cost of living in Lake Lorraine, WI is surprisingly low. In fact, the average cost of living index is lower than the national average. The median home price is around $125,000 and rent averages just over $800 per month. Utilities are also affordable, with the average electric bill being less than $100 a month. Additionally, groceries are reasonably priced and local restaurants tend to be budget-friendly as well. All in all, this small town offers a comfortable lifestyle at an incredibly reasonable cost.