Lake Country has long been known for its beauty, and now a recent study found that a few of the Lake Country communities are the most affordable in the state.
In an article published on May 15, the most affordable places to live in Wisconsin were determined based on a combination of factors; including food costs, utility costs, median home prices, employment and other factors. It used the 2010 U.S. Census to create a list of the communities in Wisconsin with populations of 10,000 or more people.
Of the 86 that were identified, they were ranked on the following: cost of food index, cost of utilities index, miscellaneous cost of living, median home price, unemployment rate and adjusted median household income — the higher the number scored the better.
The top Wisconsin city: Pewaukee.
“Pewaukee’s cost of living index for food was a low 94, compared with the national average of 100 and the Wisconsin average of 97. Plus, Pewaukee ranked better than the other 85 places in the state when it came to the miscellaneous cost of living index — things like restaurants, shopping, repairs and entertainment,” the report noted.
Other Lake Country cities on the list: Oconomowoc and Sussex.