Quality of Life in Milwaukee, WI on a $35,200 Salary

Overview of Cost of Living

• Cost of Living Index: Milwaukee's cost of living is slightly below the national average. The index is around 95, compared to the U.S. average of 100, indicating affordability relative to other cities.
• Essentials: Groceries, transportation, and utilities are generally affordable, aligning closely with or slightly under national pricing.

Housing Market

• Home Prices: The median home price in Milwaukee is approximately $235,000, which is roughly lower than the national average. This makes homeownership somewhat more accessible compared to larger metropolitan areas.
• Renting: Average rent for a one-bedroom apartment in the city is about $900, with prices increasing for more desirable locations or larger units.

Quality of Life Indicators

• Income vs. Expenses: Earning $35,200 per year in Milwaukee can be challenging due to the modest gap between income and the monthly expenses for housing, utilities, and groceries.
• Entertainment and Culture: The city offers a variety of cultural attractions and outdoor activities that are relatively affordable, catering to diverse interests without requiring large expenditures.

Access to Healthcare

• Healthcare Index: Healthcare costs are moderately higher than the national average, influenced by the quality and variety of medical services available.
• Insurance and Resources: With a broad range of healthcare facilities, most residents have access to essential services, though those on a $35,200 salary may find insurance and out-of-pocket expenses to be a financial burden.

Quality of K-12 Schools

• Public Education: Milwaukee has a mix of highly rated and average-performing schools. Quality can vary significantly between districts.
• Educational Opportunities: Public schools offer diverse academic programs and extracurricular activities, though resources may differ based on the district's financial capacity.

Summary

Living in Milwaukee on a $35,200 salary is attainable, yet requires careful budgeting due to housing and healthcare expenses. The city's cost of living is modest compared to national averages, and while the housing market presents some affordability, renting is often the preferred option for those with limited income. Quality of life is enhanced by cultural and recreational activities, despite financial constraints on healthcare and varying educational opportunities in public schools.