Housing costs in South Milwaukee?
A typical home costs
$231,100, which is 31.6% less expensive than the national average of
$338,100 and 5.3% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in South Milwaukee costs
$1,030 per month, which is 0.0% cheaper than the national average of
$1,030 and 5.8% cheaper than the state average of
$1,090.
Can I afford South Milwaukee?
To live comfortably in South Milwaukee (zip 53172), Wisconsin, a minimum annual income of
$44,280 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about South Milwaukee?
The cost of living in 53172 South Milwaukee, WI is quite affordable. According to Sperling's Best Places, the cost of living index is 85.4 which is 15.6% lower than the US average. This means that goods and services are generally more affordable in this area compared to other parts of the country. Housing costs are also relatively low with a median house price of $137,700 as reported by Zillow in 2019. In addition, utilities like electricity bills and water bills are well below average for Wisconsin residents making it easier for people to make ends meet without having to worry about high expenses. All these factors make 53172 South Milwaukee an attractive place for those looking for an affordable place to live.