States › Wisconsin › Lake Geneva

Is Lake Geneva, WI expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,34623% lower than U.S. average
💵 Families earn per year (2026)$81,566about $6,797/month · 6% lower than U.S. average
🔑 House price$343,8003% higher than U.S. average

Rent is lower than in 66% of U.S. cities. A typical house costs about 4.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $53,840 a year. That is $26 an hour at a full-time job.

Is rent cheaper than other Wisconsin cities?

No. Rent here is more expensive than in most of Wisconsin. It is number 83 of 156 cities from cheapest to most expensive.

Lake Geneva
$1,346
Monona
$1,716
Cottage Grove
$1,881
Sheboygan Falls
$1,097
Mukwonago
$1,263
Kronenwetter
$1,266
Delavan
$1,042

How much do households earn in Lake Geneva?

Under $25k
12.3%
$25k–50k
19.4%
$50k–100k
37.2%
$100k–150k
17.8%
$150k+
9.1%

Share of households by yearly income. 26.9% of households earn $100,000 or more.

Rent by apartment size in Lake Geneva

SizeLake GenevaU.S. average
Studio$1,694$1,338
1 bedroom$891$1,324
2 bedrooms$1,619$1,509
3 bedrooms$2,187$1,698
4 bedrooms$1,656$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Lake Geneva overall?

Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).

Housing
79
Goods (food, clothes…)
94
Utilities
90
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lake Geneva, so the Wisconsin figure is shown.

Taxes and bills in Lake Geneva

🏛️ Property tax$4,313a year · 1.25% of home value · U.S. $3,119
⚡ Electric bill$101a month (typical) · U.S. $156

Life in Lake Geneva

Commute to work23 minU.S.: 26.4 min
College degree41.3%U.S.: 35.7%
Own their home54.8%U.S.: 65.2%
Below poverty line10.7%U.S.: 12.5%
Unemployment4.3%U.S.: 5.2%

Is it cheaper to rent or buy in Lake Geneva?

Renting is cheaper right now: about $1,039 a month less.

Renting
$1,346
Owning
$2,385

Owning assumes a typical $343,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,380 for the down payment.

Frequently asked questions

What is the average rent in Lake Geneva, WI?

Renting in Lake Geneva costs a median of about $1,346 a month in 2026, including utilities. The Wisconsin median is $1,305.

How much do I need to make to live in Lake Geneva?

To keep rent under 30% of income, you need about $53,840 a year, or $26 an hour at a full-time job.

Is Lake Geneva cheap or expensive?

Lake Geneva is rated Cheap: rent takes 19.8% of the typical household income of $81,566. It ranks 83rd cheapest of 156 Wisconsin cities we track.

How much are property taxes in Lake Geneva?

The median homeowner in Lake Geneva pays $4,313 a year in property taxes, about 1.25% of the median home value.

Is Lake Geneva more expensive than the national average?

Overall prices in Wisconsin are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Lake Geneva?

The median home value in Lake Geneva is $343,800, about 4.2 times the typical yearly household income.

8,521 people live in Lake Geneva. Numbers are typical (middle) values.