Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Black River Falls

Is it better to rent or buy in Black River Falls? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$68,599
$613/mo

Median in area: $613

$177,368

Median in area: $177,368

$35,474

If you Rent

$779 /mo
Base Rent$613
Est. Utilities$166
% of Income13.6%
Pre-tax Residual$4,938

If you Buy

$1,400 /mo
P&I (6.971%)$941
Taxes & Ins$293
Est. Utilities$166
% of Income24.5%
Pre-tax Residual$4,316

Cost of Living FAQs

Is it cheaper to rent or buy in Black River Falls?

Based on median housing data, renting is currently more affordable on a monthly basis in Black River Falls. The estimated all-in monthly cost for renting is $779, while owning a median-priced home with a 20% down payment is roughly $1,400 per month (a difference of $621).

How much do utilities cost in Black River Falls?

The average monthly utility cost (electricity and natural gas) for a typical home in Black River Falls is approximately $166. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Black River Falls?

To comfortably afford the median rent and utilities in Black River Falls without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $31,160 per year.