Housing costs in Merrill?
A typical home costs
$152,100, which is 55.0% less expensive than the national average of
$338,100 and 37.7% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Merrill costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 22.6% cheaper than the state average of
$1,030.
Can I afford Merrill?
To live comfortably in Merrill, Wisconsin, a minimum annual income of
$29,160 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Merrill?
Merrill, WI has an average cost of living that is slightly lower than the national average. According to Sperling’s Best Places, Merrill scores a 90 out of 100 on the cost of living index, making it a fairly affordable city. The median home price in Merrill is approximately $127,000, which is lower than both the Wisconsin and national averages. Additionally, monthly utilities for a 915-square-foot residence are around $124. Food costs are also quite reasonable in Merrill, with groceries costing approximately 8% less than the national average. In summary, Merrill offers residents an affordable cost of living compared to many other cities throughout Wisconsin and across the United States.