Cost of living in New Richmond
New Richmond, located in Wisconsin, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in this city is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in New Richmond, covering everything from dining and groceries to transportation and housing.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18 on average, with a range between $12 and $35.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $90, with prices ranging from $55.5 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $9 and $13.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $8, imported beer $6 to $10, cappuccino $3.5 to $10, and Coke/Pepsi $2 to $5.
Grocery Prices
- Milk - Milk is priced between $0.73 and $1.32 per liter, averaging $0.94.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.74 and $5.51, with an average price of $3.9.
- Eggs (Dozen) - A dozen eggs range from $1.69 to $5, averaging $3.5.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.5 to $6.61 per kg, while oranges range from $2.09 to $14.75 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.52 and $5.51 per kg, and lettuce costs $1.69 to $4 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.79 and $1 per liter.
- Taxi Fares - Taxi fares start at $4.7, with a cost of $1.55 to $1.71 per km and $24 to $50 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided for New Richmond.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided for New Richmond.
- 3-Bedroom Apartment Rent (City Centre) - Data not provided for New Richmond.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not provided for New Richmond.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $226.67, averaging $164.52.
- Internet - Internet services range from $50 to $100, with an average cost of $64.83.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
New Richmond offers a moderate cost of living with affordable dining options and reasonable grocery prices.
Transportation costs are relatively low, especially for gasoline, making it an attractive option for commuters.
While specific housing data is not available, utility costs are manageable, contributing to an overall balanced cost of living.
Conclusion
In conclusion, New Richmond, WI, presents a balanced cost of living with affordable dining and transportation options.
While housing data is limited, the available information suggests that New Richmond is a cost-effective place to live, particularly for those who prioritize dining and transportation savings.