Housing costs in Monona?
A typical home costs
$382,500, which is 13.1% more expensive than the national average of
$338,100 and 56.7% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Monona costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 20.2% more than the state average of
$1,030.
Can I afford Monona?
To live comfortably in Monona, Wisconsin, a minimum annual income of
$73,440 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Monona?
The cost of living in Monona, WI is quite reasonable compared to the rest of Dane County. Housing costs are slightly lower than the state average, and the median home value in Monona is approximately $231,000. There is a wide range of housing options available to suit a variety of budgets, with smaller single-family homes starting around $170,000 and larger homes reaching upwards of $400,000. The average cost for utilities in Monona is also relatively low, coming in at just over $100 per month. Overall, the cost of living in Monona is attractive to many prospective residents due to its combination of reasonable prices and desirable quality of life.