Housing costs in Red Springs?
A typical home costs
$180,100, which is 46.7% less expensive than the national average of
$338,100 and 26.2% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Red Springs costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 19.8% more than the state average of
$1,030.
Can I afford Red Springs?
To live comfortably in Red Springs, Wisconsin, a minimum annual income of
$34,560 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Red Springs?
The cost of living in Red Springs, WI is quite reasonable. It was ranked as one of the most affordable cities in Wisconsin in 2020 by the Economic Policy Institute. The median home cost is approximately $152,000 and the median household income is around $55,500. Renters can expect to pay an average monthly rent of around $800. Overall, the cost of living in Red Springs, WI is lower than the national average and offers residents a good quality of life at a very reasonable price.