Cost of Living in Green bay, WI

Housing

The housing market plays a significant role in determining the cost of living in Green bay, WI.

• Housing Index: 90.0 / 100
• Median Home Price is: $230000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1230 per month

In analyzing the housing market in Green bay, WI, it's clear that the 90.0 index of 90.0 indicates it's a buyer's market, suggesting a relatively affordable housing environment. With a median home price of 230000, potential homeowners may find properties within reach. Renting appears to be similarly accessible, with average rents of 1200 for a 2-bedroom apartment and 1230 for a house. This affordability could attract new residents looking for a reasonable cost of living, enhancing community growth and development in the area.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Green bay, WI.

• Electricity Price: 17.6 USD (median by state)
• Natural Gas Price: $11.5 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Green bay, WI could entail higher utility costs. Electricity costs sit at 17.6, while natural gas is priced at 11.5 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $59174

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Green bay, WI, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.