Zip 53403 (Racine, WI) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Racine, Wisconsin?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Racine cost of living score
86.2
Less expensive
13.8% lower
than the US average
4.1% lower
than the Wisconsin average
Racine (zip 53403), Wisconsin gets a BestPlaces Cost of Living score of 86.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.8% lower than the U.S. average and 4.1% higher than the average for Wisconsin.

Zip 53403 (Racine, WI)

Housing costs in Racine?
A typical home costs $153,100, which is 54.7% less expensive than the national average of $338,100 and 37.3% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Racine costs $1,010 per month, which is 1.9% cheaper than the national average of $1,030 and close to the state average of $1,020.

Can I afford Racine?
To live comfortably in Racine (zip 53403), Wisconsin, a minimum annual income of $29,160 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Racine?
The cost of living in 53403 Racine, WI is relatively low compared to the national average. Housing costs are particularly affordable, with the median home value being about $113,000. Utilities and groceries are both below the national average as well. Transportation is also reasonably priced, with residents spending an average of around $3200 annually on transportation costs. Overall, 53403 Racine, WI offers an affordable cost of living that makes it a great place to live for those who want to save money.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRacineWisconsinUnited States
    Unlock89.9100.0
  96.3  Unlock100.0
    Unlock98.9100.0
  48.4  Unlock100.0
    Unlock$244,100$338,100
  98.6  Unlock100.0
    Unlock86.9100.0
  117.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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