Quality of Life Assessment in Milwaukee, WI: Income at $95,600 Per Year

This assessment explores the quality of life for an individual earning $95,600 annually in Milwaukee, WI, by examining the cost of living, housing market, healthcare access, and K-12 school quality compared to the broader United States.

Cost of Living

• Overall Cost of Living:

  • Milwaukee's cost of living is slightly below the national average, making $95,600 a comfortable income.
  • Key expenses such as groceries, transportation, and healthcare tend to be more affordable than in larger metropolitan areas like Chicago or New York.

• Utilities and Transportation:

  • Utilities are generally in line with national averages, ensuring manageable electricity, water, and gas bills.
  • Public transportation is available and affordable, although many residents prefer driving due to the city's widespread layout.

Housing Market

• Home Prices:

  • The median home price in Milwaukee is significantly lower than many parts of the U.S., making homeownership more accessible.
  • For individuals earning $95,600, purchasing a home is feasible, with options ranging from urban areas to suburbs offering diverse living environments.

• Rental Market:

  • Rental prices are also affordable, allowing for a good selection of housing types, from apartments to single-family homes.

Quality of Life

• Community and Culture:

  • Milwaukee offers a vibrant cultural scene with museums, theaters, and music festivals.
  • Residents enjoy a combination of urban amenities and access to natural landscapes such as parks and Lake Michigan.

• Safety:

  • While some areas have higher crime rates, many neighborhoods are safe and family-friendly, contributing to a strong sense of community.

Access to Healthcare

• Healthcare Facilities:

  • Milwaukee is home to several highly-regarded healthcare facilities and hospitals, ensuring access to quality medical services.
  • The cost of healthcare is reasonable, with additional options available through numerous insurance providers.

• Public Health Initiatives:

  • The city has initiatives aimed at improving public health and wellness, contributing to overall community wellbeing.

Quality of K-12 Schools

• Public Schools:

  • Milwaukee has a mixture of public schools ranging from high-performing institutions to those facing challenges.
  • Parents have access to school choice programs, including charter and magnet schools, providing alternatives based on educational needs.

• Private and Charter Schools: