States › Wisconsin › Lake Wisconsin

Is Lake Wisconsin, WI expensive to live in?

CheapRent takes 15 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,6755% lower than U.S. average
💵 Families earn per year (2026)$133,871about $11,156/month · 54% higher than U.S. average
🔑 House price$452,40036% higher than U.S. average

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.

Lake Wisconsin
$1,675
$920

How much do households earn in Lake Wisconsin?

Under $25k
7.4%
$25k–50k
10.9%
$50k–100k
30.6%
$100k–150k
29.1%
$150k+
22.4%

Share of households by yearly income. 51.5% of households earn $100,000 or more.

Rent by apartment size in Lake Wisconsin

SizeLake WisconsinU.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).

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 Wisconsin, so the Wisconsin figure is shown.

Taxes and bills in Lake Wisconsin

🏛️ Property tax$5,957a year · 1.32% of home value · U.S. $3,119
⚡ Electric bill$131a month (typical) · U.S. $156

Life in Lake Wisconsin

Commute to work32.2 minU.S.: 26.4 min
College degree42.6%U.S.: 35.7%
Own their home94.1%U.S.: 65.2%
Below poverty line3%U.S.: 12.5%
Unemployment2%U.S.: 5.2%

Is it cheaper to rent or buy in Lake Wisconsin?

Renting is cheaper right now: about $1,464 a month less.

Renting
$1,675
Owning
$3,139

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.