Housing costs in Rhinelander?
A typical home costs
$195,200, which is 42.3% less expensive than the national average of
$338,100 and 20.0% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Rhinelander costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 4.6% more than the state average of
$1,030.
Can I afford Rhinelander?
To live comfortably in Rhinelander (zip 54501), Wisconsin, a minimum annual income of
$37,440 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Rhinelander?
The cost of living in 54501 Rhinelander, WI is relatively low compared to the rest of the country. According to a recent study, the city has an overall cost of living index score of 88 out of 100, which is 8 percent below the national average. The most significant factor driving this score is housing costs, which are 16 percent below the national average. This makes homeownership much more affordable in Rhinelander than elsewhere in the US, and rent for apartments is also much lower. Additionally, utilities are 8 percent lower than average and transportation expenses are 12 percent lower. Groceries and healthcare costs are slightly higher than average but still remain very affordable. All in all, living in 54501 Rhinelander, WI affords its residents a comfortable lifestyle at a fraction of the cost found in other parts of the US.