Housing costs in Silver Lake?
A typical home costs
$266,800, which is 21.1% less expensive than the national average of
$338,100 and 9.3% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Silver Lake costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and 5.1% cheaper than the state average of
$1,030.
Can I afford Silver Lake?
To live comfortably in Silver Lake (zip 53170), Wisconsin, a minimum annual income of
$51,120 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Silver Lake?
The cost of living in 53170 Silver Lake, WI is fairly reasonable compared to other places in the United States. Housing prices are relatively low, with an average home costing about $168,000. This makes it an attractive option for potential homeowners. Additionally, groceries and utilities are reasonably priced overall, with a typical grocery bill coming out to around $400 monthly and the average utility bill being only $163 per month. Although taxes may be slightly higher than in other parts of Wisconsin or the United States as a whole, they still remain below average when compared to other states. All in all, living in 53170 Silver Lake is an affordable option for many individuals and families looking to call this area home.