Red Springs, WI Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Red Springs, Wisconsin?
$2,880 / month
for a family, 46.7% less expensive than the national average A total of $34,560 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Red Springs cost of living score
77.8
Less expensive
22.2% lower
than the US average
13.5% lower
than the Wisconsin average
Red Springs, Wisconsin gets a BestPlaces Cost of Living score of 77.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.2% lower than the U.S. average and 13.5% higher than the average for Wisconsin.

Red Springs, WI

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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRed SpringsWisconsinUnited States
    Unlock89.9100.0
  90.3  Unlock100.0
    Unlock98.9100.0
  42.5  Unlock100.0
    Unlock$244,100$338,100
  99.4  Unlock100.0
    Unlock86.9100.0
  95.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Red Springs, WI
cost of living
Compare food, housing, utilities, and more in Red Springs, Wisconsin to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.