Housing costs in Lake Ripley?
A typical home costs
$317,600, which is 6.1% less expensive than the national average of
$338,100 and 30.1% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Lake Ripley costs
$1,190 per month, which is 16.8% cheaper than the national average of
$1,430 and 13.4% more than the state average of
$1,030.
Can I afford Lake Ripley?
To live comfortably in Lake Ripley (zip 53523), Wisconsin, a minimum annual income of
$60,840 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Lake Ripley?
Living in 53523 Lake Ripley, WI can be quite affordable. According to the cost of living index from BestPlaces.net, the area is 17% lower than the average cost of living in the United States. This means that housing, groceries, utilities and transportation are all significantly more affordable than they would be in other areas of the country. The median home value for this area is $232,400, well below the national average of $231,200. Renters fare even better as the median gross rent in 53523 is only $1,140 per month compared to a national median of $1,470 per month. Overall, 53523 Lake Ripley provides an excellent quality of life at an accessible price point.