Quality of Life Assessment for a Milwaukee, WI Resident with an Income of $59,200

Living in Milwaukee, WI, on an annual salary of $59,200 provides an individual with a decent quality of life when considering the cost of living and housing prices compared to the broader United States.

Cost of Living

• General Overview: The cost of living in Milwaukee is generally lower than the national average. This includes expenses related to groceries, transportation, and utilities.
• Comparison to National Average: Milwaukee's overall cost of living index is often slightly less than the national average, making it relatively affordable for middle-income earners.

Housing Market

• Home Prices: The median home price in Milwaukee is typically lower than the national median. This makes buying a home more accessible for individuals earning around $59,200 annually.
• Rental Costs: Renting is also reasonably priced, with the average rent for a one-bedroom apartment being affordable compared to major U.S. cities.

Quality of Life

• Recreation and Culture: Milwaukee offers a variety of cultural and recreational activities, including museums, parks, and festivals, enhancing the overall quality of life.
• Community and Neighborhoods: The city is known for its diverse neighborhoods, each offering unique amenities and a strong sense of community.

Access to Healthcare

• Healthcare Facilities: Milwaukee has a robust healthcare system with several hospitals and healthcare providers ensuring residents have access to essential medical services.
• Affordability: The cost of healthcare services can be higher than the national average, which may impact the disposable income of residents.

Quality of K-12 Schools

• Public Schools: Milwaukee Public Schools face challenges, including funding disparities and varying performance results across different districts.
• School Choices: There are also many private and charter schools available, providing families with alternative options for quality education.

Summary of Assessment

An individual earning $59,200 in Milwaukee, WI, generally enjoys a comfortable lifestyle due to reasonable housing costs and a lower cost of living compared to the national average. While access to healthcare is robust, some associated costs may be elevated. Educational options vary, with both public and private schools offering diverse opportunities. Overall, Milwaukee presents a balanced quality of life with cultural richness and community engagement.