Housing costs in Algoma?
A typical home costs
$199,700, which is 40.9% less expensive than the national average of
$338,100 and 18.2% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Algoma costs
$860 per month, which is 16.5% cheaper than the national average of
$1,030 and 10.5% cheaper than the state average of
$950.
Can I afford Algoma?
To live comfortably in Algoma (zip 54201), Wisconsin, a minimum annual income of
$38,160 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Algoma?
The cost of living in 54201 Algoma, WI is relatively low compared to that of other cities. The median home price is $74,000 and the median monthly cost of rent is $800. Groceries, utilities, transportation, and healthcare costs are all significantly lower than the national average. Additionally, taxes are generally lower than most other states. All of these factors make 54201 Algoma a great place for those looking to save money and experience a laid-back lifestyle.