Housing costs in Racine?
A typical home costs
$176,100, which is 47.9% less expensive than the national average of
$338,100 and 27.9% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Racine costs
$1,080 per month, which is 4.9% more than the national average of
$1,030 and 5.6% more than the state average of
$1,020.
Can I afford Racine?
To live comfortably in Racine (zip 53405), Wisconsin, a minimum annual income of
$33,840 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Racine?
The cost of living in 53405 Racine, WI is relatively low compared to other parts of the US. The median home value in this area is around $167,100, which is much lower than the state average of $214,400. The median rent is around $764 a month, which is very affordable for those on a budget. In addition, the city has an overall cost of living index that is about 8% lower than the national average and taxes are comparatively low as well. All in all, 53405 Racine, WI offers great value for money and is an ideal place to settle for those looking to save some money while still enjoying the beauty of Wisconsin.