Quality of Life in Milwaukee, WI for an Individual Earning $91,760 per Year
Living in Milwaukee, WI, with an annual income of $91,760 offers a relatively comfortable quality of life. Here's a closer look at how this salary measures up against the cost of living, housing market, access to healthcare, and the quality of K-12 schools in comparison to broader US averages.
Cost of Living
- Overall Expense: Milwaukee, WI, has a cost of living index slightly below the national average, making it more affordable than many metropolitan areas.
- Utilities and Transportation: Utility costs and public transportation fees are generally in line with national medians, which supports the budget of someone earning $91,760.
- Groceries and Other Necessities: Residents experience average costs for groceries and essential items, allowing for discretionary spending on a stable salary.
Housing Market
- Home Prices: The median home price in Milwaukee is lower than the national average, which makes buying a home accessible for those with a medium to high income.
- Renting Options: Rental markets offer a mix of affordable and luxury options, ideal for varying lifestyles and family sizes.
Quality of Life
- Community and Culture: Milwaukee is known for its vibrant cultural scene and community events, offering a rich tapestry of entertainment and recreational activities.
- Work-Life Balance: The city's amenities and employment opportunities promote a balanced lifestyle suitable for professionals and families alike.
Access to Healthcare
- Healthcare Facilities: Milwaukee offers numerous high-quality healthcare facilities, including hospitals and specialized medical services.
- Insurance and Costs: Costs for healthcare services are competitive, with insurance options available to mitigate medical expenses for individuals and families.
Quality of K-12 Schools
- Public Education System: The city’s public schools vary in performance, with some schools ranking highly and others facing challenges, typical of many urban areas.
- School Options: There are ample opportunities for private schooling and charter schools, providing alternatives for diverse educational needs and preferences.
Summary of Assessment
Milwaukee provides an appealing lifestyle for individuals earning $91,760 annually. The below-average cost of living and favorable housing market enhance financial comfort, while cultural and recreational opportunities enrich daily life. Access to quality healthcare and a solid selection of schools further supports a well-rounded, family-friendly environment. Overall, Milwaukee offers a practical and advantageous setting for both personal and professional growth, especially when compared to larger, more expensive cities across the