Housing costs in Oconomowoc?
A typical home costs
$414,800, which is 22.7% more expensive than the national average of
$338,100 and 69.9% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Oconomowoc costs
$1,220 per month, which is 18.4% more than the national average of
$1,030 and 10.7% more than the state average of
$1,090.
Can I afford Oconomowoc?
To live comfortably in Oconomowoc (zip 53066), Wisconsin, a minimum annual income of
$79,560 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Oconomowoc?
The cost of living in Oconomowoc, WI (zip code 53066) is slightly higher than the national average, but still provides great value for money. The median home price in Oconomowoc is $231,851 which is about 8% higher than the national average. The median household income is also slightly higher than the national average at $72,095. The overall cost of living index for Oconomowoc is 101.2, which makes it slightly more expensive than the national average of 100. Additionally, groceries and health care are both slightly above the national average while housing and utilities are below. Overall, Oconomowoc provides a good balance between affordability and quality of life that many people find attractive.