Housing costs in Racine?
A typical home costs
$136,100, which is 59.7% less expensive than the national average of
$338,100 and 44.2% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Racine costs
$960 per month, which is 6.8% cheaper than the national average of
$1,030 and 6.3% cheaper than the state average of
$1,020.
Can I afford Racine?
To live comfortably in Racine (zip 53404), Wisconsin, a minimum annual income of
$25,920 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Racine?
The cost of living in 53404 Racine, WI is quite reasonable. The median household income is around $34,821 with the average house costing around $96,100. When it comes to food, groceries and eating out costs are quite comparable to the national average. Utilities such as electricity and gas are also on par with national averages. There is no State income tax in Wisconsin which helps improve affordability for residents. Overall, Racine provides a great balance between quality of life and affordability for its residents.