Housing costs in Lakewood?
A typical home costs
$194,300, which is 42.5% less expensive than the national average of
$338,100 and 20.4% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Lakewood costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 13.2% cheaper than the state average of
$1,030.
Can I afford Lakewood?
To live comfortably in Lakewood (zip 54138), Wisconsin, a minimum annual income of
$37,080 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Lakewood?
The cost of living in 54138 Lakewood, WI is relatively low compared to other cities and towns in the US. According to Sperling's Best Places, the overall cost of living index for Lakewood is 83.3, which is 17.7% lower than the average for the United States overall. Groceries, health care, transportation and utilities are all below average when it comes to costs in this area. Housing is also relatively affordable, with median home prices around $246,500 placing it among some of the more affordable areas in Wisconsin. Renters will find that prices are modest with a one-bedroom rental averaging around $750 per month depending on location and amenities. For those looking for an affordable place to live, Lakewood is an excellent option worth considering.