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Cost of Living in Green Bay

Is it better to rent or buy in Green Bay? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$83,462
$1,022/mo

Median in area: $1,022

$266,067

Median in area: $266,067

$53,213

If you Rent

🔑
$1,207 /mo
Base Rent$1,022
Est. Utilities$185
% of Income17.4%
Pre-tax Residual$5,748

If you Buy

🏠
$1,877 /mo
P&I (6.5%)$1,345
Taxes & Ins$347
Est. Utilities$185
% of Income27.0%
Pre-tax Residual$5,078

Cost of Living FAQs

Is it cheaper to rent or buy in Green Bay?›

Based on median housing data, renting is currently more affordable on a monthly basis in Green Bay. The estimated all-in monthly cost for renting is $1,207, while owning a median-priced home with a 20% down payment is roughly $1,877 per month (a difference of $670).

How much do utilities cost in Green Bay?›

The average monthly utility cost (electricity and natural gas) for a typical home in Green Bay is approximately $185. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Green Bay?›

To comfortably afford the median rent and utilities in Green Bay without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $48,280 per year.