Housing costs in New Richmond?
A typical home costs
$317,000, which is 6.2% less expensive than the national average of
$338,100 and 29.9% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in New Richmond costs
$1,210 per month, which is 17.5% more than the national average of
$1,030 and 15.7% cheaper than the state average of
$1,400.
Can I afford New Richmond?
To live comfortably in New Richmond (zip 54017), Wisconsin, a minimum annual income of
$60,840 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about New Richmond?
The cost of living in 54017 New Richmond, WI is very reasonable. The median home value is around $219,400 which is significantly lower than the national average. The median rent for a one-bedroom apartment is around $643 per month, which again falls below the national average. For those looking to purchase groceries and other necessities, the cost of goods and services is roughly 8% lower than the national average. With such low costs, it's no wonder that many people are choosing to move to this charming town in Wisconsin.