Green Bay, WI

Very Low · 64

Wisconsin · Population 106,585 · Updated March 2026

$904
Median Rent / Month
$62,546
Median Income
$191,500
Median Home Value
$987
Owner Costs / Month

Affordability

How far your income goes in Green Bay

17.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Wisconsin

State-level tax rates that affect your costs

7.65%
Income Tax (Top Rate)
5.0%
Sales Tax
1.61%
Property Tax Rate

Estimated Annual Costs

$10,848
Annual Rent
$4,785
State Income Tax
$3,083
Property Tax (est.)

Cost of Living Overview

Green Bay is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 64 (where 100 equals the national median), Green Bay residents can expect to pay median rent of $904/month while earning a median household income of $62,546/year.

The median home value in Green Bay, WI is $191,500, with typical monthly owner costs around $987 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Wisconsin has a moderate income tax rate of 7.65%. Combined with a 5.0% sales tax rate and 1.61% effective property tax rate, the overall tax environment is a factor in the total cost of living in Green Bay.

Frequently Asked Questions

Common questions about living costs in Green Bay

What is the cost of living in Green Bay, WI?
The cost of living index in Green Bay, WI is 64 (US average = 100). Median monthly rent is $904, median household income is $62,546/year, and the median home value is $191,500.
Is Green Bay, WI affordable?
Yes, Green Bay is more affordable than the national average with a cost index of 64. The rent-to-income ratio is 17.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Green Bay, WI?
The median gross rent in Green Bay, WI is $904 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,848.
What is the median household income in Green Bay?
The median household income in Green Bay, WI is $62,546 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Wisconsin?
Wisconsin has a top income tax rate of 7.65%, a sales tax of 5.0%, and an effective property tax rate of 1.61%.