Much like its nearby areas, it's somewhat less expensive compared to the entire nation. Compared to the city of Madison, it is a little less expensive.
Home prices
The cost of the median home in Merrimac is $197,000. It is roughly $8,960 (4%) higher compared to its surrounding areas.It is approximately $20,500 (9%) lower compared to the United States as a whole, and compared to the city of Madison it is about $49,300 (20%) lower.
Rents
In Merrimac the median rent is $1,091 a month. It is roughly $241 (28%) higher in comparison to its nearby areas.It is roughly $29 (2%) higher compared to the rest of the country, and compared to the city of Madison it is roughly $27 (2%) lower.
Nearby places
Lake Wisconsin
Lake Wisconsin is Merrimac's neighbor to the east. Real estate prices there are a lot more expensive. Lake Wisconsin's median home cost is $309,900, which works out to $112,900 (36%) higher than Merrimac. Rent there is somewhat less expensive. In Lake Wisconsin the median rent is $1,008 a month, which works out to $83 (8%) lower than Merrimac.
Lodi
Lodi is approximately 5 miles southeast from Merrimac. The real estate prices there are pretty similar. The median home price in Lodi is $206,600, which comes out to $9,600 (4%) higher than Merrimac. The rent there is a lot less expensive. Lodi's median monthly rent is $795, which comes out to $296 (37%) lower than Merrimac.
Bluffview
Bluffview is roughly 6 miles west of Merrimac. Its housing prices are a lot less expensive. The median home value in Bluffview is $28,900, which comes out to $168,100 (581%) lower than Merrimac. Rent there is significantly less expensive. The median monthly rent in Bluffview is $605, which works out to $486 (80%) lower than Merrimac.
Prairie du Sac
Prairie du Sac is about 7 miles southwest from Merrimac. The real estate prices there are a bit more expensive. Prairie du Sac's median home cost is $242,200, which comes out to $45,200 (18%) higher than Merrimac. Rent there is similar. In Prairie du Sac the median rent is $1,041 a month, which is $50 (4%) lower than Merrimac.
Baraboo
Baraboo is approximately 7 miles northwest from Merrimac. Housing prices there are a little less expensive. The median home in Baraboo costs $152,600, which works out to $44,400 (29%) lower than Merrimac. Rents there are substantially less expensive. Baraboo's median monthly rent is $801, which comes out to $290 (36%) lower than Merrimac.
