Housing costs in Elkhart Lake?
A typical home costs
$339,600, which is 0.4% more expensive than the national average of
$338,100 and 39.1% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Elkhart Lake 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 Elkhart Lake?
To live comfortably in Elkhart Lake (zip 53020), Wisconsin, a minimum annual income of
$65,160 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Elkhart Lake?
The cost of living in 53020 Elkhart Lake, WI is quite reasonable. Groceries, health care, and housing are all reasonably priced compared to the national average. In addition, there are many amenities nearby such as restaurants, parks, and entertainment venues that make living in this area affordable and enjoyable. The median home value for the area is around $160,000 with a median household income of roughly $50,000 per year. This makes it a great place to settle down and start a family without breaking the bank.