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: 99.2 / 100
- Median Home Price is: $230,000
- Average Rent (2 BR Apartment): $879 per month
- Average Rent (2 BR House): $955 per month
In analyzing the housing market in Green bay, WI, it's clear that the 99.2 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 879 for a 2-bedroom apartment and 955 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.): $231 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 $231 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 Green bay is a financially viable option for your relocation.