Zip 53816 (Mount Hope, WI) Cost of Living


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United States / Wisconsin / Platteville Metro Area / Grant County / No City / Mount Hope (zip 53816)

Mount Hope cost of living score
78
Less expensive
22.0% lower
than the US average
13.2% lower
than the Wisconsin average
Mount Hope (zip 53816), Wisconsin gets a BestPlaces Cost of Living score of 78, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.0% lower than the U.S. average and 13.2% higher than the average for Wisconsin.

Zip 53816 (Mount Hope, WI)

Housing costs in Mount Hope?
A typical home costs $254,800, which is 24.6% less expensive than the national average of $338,100 and 4.4% more expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Mount Hope costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 25.6% cheaper than the state average of $1,030.

Can I afford Mount Hope?
To live comfortably in Mount Hope (zip 53816), Wisconsin, a minimum annual income of $48,960 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Mount Hope?
The cost of living in 53816 Mount Hope, WI is quite affordable. The overall cost of living index for the zip code is 87.3, which is 13.7% lower than the U.S. average making it an ideal place to live on a budget. Housing costs are particularly affordable with median home values hovering around $85,000 and median rent prices at around $600 per month. Additionally, grocery and utility costs are generally lower than the national average. All in all, 53816 Mount Hope, WI offers a great quality of life without breaking the bank.
   Cost of living score
     CategoriesMount HopeWisconsinUnited States
  78.089.9100.0
  96.694.7100
  100.198.9100.0
  37.279.3100.0
  $254,800$244,100$338,100
  96.6%99.0%100.0%
  83.886.9100.0
  98.3106.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime