Rent is higher than in 51% of U.S. cities. A typical house costs about 3.4 years of household income. Commutes are long, about 32.2 minutes each way. Most homes (94.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $67,000 a year. That is $32 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 120 of 156 cities from cheapest to most expensive.
How much do households earn in Lake Wisconsin?
Share of households by yearly income. 51.5% of households earn $100,000 or more.
Rent by apartment size in Lake Wisconsin
| Size | Lake Wisconsin | U.S. average |
|---|---|---|
| 2 bedrooms | $1,555 | $1,509 |
| 3 bedrooms | $2,003 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lake Wisconsin overall?
Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lake Wisconsin, so the Wisconsin figure is shown.
Taxes and bills in Lake Wisconsin
Life in Lake Wisconsin
Is it cheaper to rent or buy in Lake Wisconsin?
Renting is cheaper right now: about $1,464 a month less.
Owning assumes a typical $452,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $45,240 for the down payment.
Frequently asked questions
What is the average rent in Lake Wisconsin, WI?
Renting in Lake Wisconsin costs a median of about $1,675 a month in 2026, including utilities. The Wisconsin median is $1,305.
How much do I need to make to live in Lake Wisconsin?
To keep rent under 30% of income, you need about $67,000 a year, or $32 an hour at a full-time job.
Is Lake Wisconsin cheap or expensive?
Lake Wisconsin is rated Cheap: rent takes 15.0% of the typical household income of $133,871. It ranks 120th cheapest of 156 Wisconsin cities we track.
How much are property taxes in Lake Wisconsin?
The median homeowner in Lake Wisconsin pays $5,957 a year in property taxes, about 1.32% of the median home value.
Is Lake Wisconsin 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 Wisconsin?
The median home value in Lake Wisconsin is $452,400, about 3.4 times the typical yearly household income.
5,384 people live in Lake Wisconsin. Numbers are typical (middle) values.