Housing costs in Mineral Point?
A typical home costs
$258,000, which is 23.7% less expensive than the national average of
$338,100 and 5.7% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Mineral Point costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 4.0% cheaper than the state average of
$1,030.
Can I afford Mineral Point?
To live comfortably in Mineral Point, Wisconsin, a minimum annual income of
$49,320 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Mineral Point?
The cost of living in Mineral Point, WI is relatively low compared to other cities in the state. The median home value is $152,500 and the average rent for a two bedroom apartment is around $700 per month. Grocery costs are lower than the national average, with an estimated grocery budget for a family of four being around $190-280 per week. Utility costs are also reasonably priced and the overall tax rate for the city is low. This makes Mineral Point an ideal place for families or individuals looking to purchase a home or rent an apartment without breaking their budget.