Housing costs in Florence?
A typical home costs
$158,200, which is 53.2% less expensive than the national average of
$338,100 and 35.2% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Florence costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 3.0% cheaper than the state average of
$1,030.
Can I afford Florence?
To live comfortably in Florence, Wisconsin, a minimum annual income of
$30,240 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Florence?
The cost of living in Florence, WI is quite reasonable compared to other areas of the country. The median home sale price in the area is around $100,000, which is relatively low for Wisconsin. Renters can also find affordable housing options with the average rent being about $650 per month. Taxes are relatively low and there are no state income taxes in Wisconsin. Additionally, groceries and other necessities tend to be lower than the national average. All in all, Florence, WI provides a cost-effective way to live outside of the hustle and bustle of larger cities while still having access to amenities such as parks and schools.