Housing costs in Lake Geneva?
A typical home costs
$338,800, which is 0.2% more expensive than the national average of
$338,100 and 38.8% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Lake Geneva costs
$1,000 per month, which is 2.9% cheaper than the national average of
$1,030 and 3.0% cheaper than the state average of
$1,030.
Can I afford Lake Geneva?
To live comfortably in Lake Geneva (zip 53147), Wisconsin, a minimum annual income of
$64,800 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Lake Geneva?
The cost of living in 53147 Lake Geneva, WI is significantly higher than the national average. The median home value is $276,200 compared to the national average of $184,700 which is an increase of nearly 50%. The median household income is just over $54,000 which is close to the national average but still slightly lower. The cost of groceries and healthcare are also slightly higher than the national average due to the higher population density in this area. Despite the high costs of living in 53147 Lake Geneva, WI it is still a desirable location with many amenities available such as top-notch education and recreational activities.