Housing costs in Merrimac?
A typical home costs
$377,600, which is 11.7% more expensive than the national average of
$338,100 and 54.7% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Merrimac costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 26.4% more than the state average of
$1,030.
Can I afford Merrimac?
To live comfortably in Merrimac (zip 53561), Wisconsin, a minimum annual income of
$72,360 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Merrimac?
The cost of living in 53561 Merrimac, WI is relatively low compared to the national average. The median home price in this area is around $170,000 which is quite affordable for many potential homeowners. Additionally, the overall cost of living index in this zip code is 84.3 which is 16.7% below the national average. This means that grocery items, utilities, and other day-to-day expenses are notably cheaper than they would be elsewhere. Furthermore, the sales tax rate in 53561 Merrimac is 5%, which is lower than most states in the country, making it an extremely affordable place to live with plenty of amenities for residents to enjoy.