Housing costs in New Hope?
A typical home costs
$347,100, which is 2.7% more expensive than the national average of
$338,100 and 42.2% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in New Hope costs
$890 per month, which is 37.8% more than the national average of
$1,430 and 15.7% more than the state average of
$1,030.
Can I afford New Hope?
To live comfortably in New Hope, Wisconsin, a minimum annual income of
$66,600 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about New Hope?
New Hope, WI is an affordable place to live with a cost of living index that is 8% lower than the national average. The median home value in New Hope is $248,900 which is much less than the median home value for the entire state of Wisconsin at $189,800. Renting an apartment typically costs between $750 and $1,200 per month depending on the size and location. Groceries are fairly priced with prices similar to the national average. In addition, transportation costs are very low due to its close proximity to major highways heading into Milwaukee and Madison. All in all, New Hope, WI is a great place to settle down since it offers a cost of living that fits most budgets.