Housing costs in Spring Lake?
A typical home costs
$192,800, which is 43.0% less expensive than the national average of
$338,100 and 21.0% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Spring Lake costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 15.6% more than the state average of
$1,030.
Can I afford Spring Lake?
To live comfortably in Spring Lake, Wisconsin, a minimum annual income of
$37,080 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Spring Lake?
The cost of living in Spring Lake, WI is relatively low compared to other areas in the US. The median home cost is around $150,000, which is less than the US national average. Likewise, the median household income is just under the national average at $59,435. Despite having a lower cost of living when compared with other areas in the US, Spring Lake still offers plenty of amenities and attractions for its residents. Grocery stores and restaurants are plentiful throughout town as well as recreational activities such as hiking and fishing. With an average commute time of just 26 minutes and tax rates below the national average, it's no wonder why many choose to call Spring Lake home.