Much like the surrounding areas, it is substantially less expensive compared to the US as a whole. Compared to the city of Eau Claire, it's significantly less expensive.
Home prices
The median home in Loyal is valued at $95,200. This is approximately $2,780 (3%) higher compared to its surrounding areas.Compared to the nation as a whole it is roughly $122,300 (56%) lower, and in comparison to the city of Eau Claire it is approximately $59,800 (38%) lower.
Rents
In Loyal the median monthly rent is $672. Compared to its nearby areas this is approximately $106 (18%) higher.Compared to the nation as a whole it is about $390 (36%) lower, and compared to the city of Eau Claire is roughly $163 (19%) lower.
Nearby places
Greenwood
Greenwood is roughly 4 miles northwest from Loyal. The real estate prices there are a bit less expensive. The median home value in Greenwood is $83,100, which works out to $12,100 (14%) lower than Loyal. Its rents are a lot less expensive. The median monthly rent in Greenwood is $400, which comes out to $272 (68%) lower than Loyal.
Spencer
Spencer is approximately 8 miles east from Loyal. Housing prices there are somewhat more expensive. Spencer's median home cost is $112,300, which is $17,100 (15%) higher than Loyal. Rents there are fairly similar. Spencer's median monthly rent is $665, which comes out to $7 (1%) lower than Loyal.
Granton
Granton is roughly 9 miles south of Loyal. Housing prices there are somewhat less expensive. Granton's median home cost is $86,200, which works out to $9,000 (10%) lower than Loyal. The rent there is a bit less expensive. In Granton the median monthly rent is $625, which comes out to $47 (7%) lower than Loyal.
Unity
Unity is roughly 10 miles northeast from Loyal. Its housing prices are a little less expensive. The value of the median home in Unity is $90,000, which comes out to $5,200 (5%) lower than Loyal. The rent there is somewhat less expensive. Unity's median monthly rent is $581, which comes out to $91 (15%) lower than Loyal.
Neillsville
Neillsville is roughly 11 miles south from Loyal. Its real estate prices are somewhat less expensive. The median home in Neillsville costs $90,500, which works out to $4,700 (5%) lower than Loyal. Its rents are a bit less expensive. The median monthly rent in Neillsville is $561, which is $111 (19%) lower than Loyal.