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- The cost of living in Racine is 92, which is 8% lower than the national average.
www.areavibes.com › racine-wi › cost-of-living
Feb 26, 2024 · Racine is located 22 miles south of Milwaukee. As of the 2010 U.S. census, the city had a population of 78,860, making it the fifth-largest city in Wisconsin. Its median home price of $103,625 makes it one of the most affordable cities in Wisconsin to buy a home.
A typical home costs $156,300, which is 53.8% less expensive than the national average of $338,100 and 36.0% less expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Racine costs $1,040 per month, which is 27.3% cheaper than the national average of $1,430 and close to the state average of $1,030.
The national average cost to buy a house is $383,883, while the average cost of purchasing a home in Racine is $202,288. Racine offers a lower value of living compared to similarly sized...
Mar 1, 2024 · The average cost of living in Racine is $2004, which is in the top 19% of the most expensive cities in the world, ranked 1766th out of 9294 in our global list, 1546th out of 2202 in the United States, and 10th out of 39 in Wisconsin. The median after-tax salary is $4122, which is enough to cover living expenses for 2.1 months.
The cost of living in Racine is lower than the national average and most cities in the state. While some areas can be higher than others on a state and federal level, the overall average of housing costs, utilities, grocery items, transportation, health care, and miscellaneous goods and services are less expensive.
- 50.8%
- 49.2%
Cost of living in Racine, WI is 92, compared to the national average of 100. See a full report that includes the average cost of groceries, goods and services, health care, housing and utilities.
The median house value in the area is $225200 which is lower than the US average of $338,100. Additionally, the cost of living in Racine is 86.8 compared to the US average of 100.