Housing costs in Janesville-Beloit?
A typical home costs
$225,500, which is 33.3% less expensive than the national average of
$338,100 and 7.6% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Janesville-Beloit costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and close to the state average of
$1,030.
Can I afford Janesville-Beloit?
To live comfortably in Janesville-Beloit Wiscon Metro Area, Wisconsin, a minimum annual income of
$43,200 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Janesville-Beloit?
The cost of living in the Janesville-Beloit, WI Metro Area is much lower than the national average. The median house value in this area is $225,500 compared to the US average of $338,100. Additionally, the Cost of Living Index in this area is 82.8 as compared to the national average of 100. This means that despite having a lower median house value than the national average, it is still possible to enjoy a good quality of life without breaking the bank.