Buying the median home in Green Bay means financing $255,000. Against the area's $58,000 median household income, that works out to a 4.4x price-to-income ratio.
Property taxes in Green Bay run 2.15% of assessed value, above the 1.1% national average. On the median home, that's $5,483 a year, or $457 added to the monthly payment.
Wisconsin levies a state income tax on top of the $1,892/month this mortgage runs. Model your real after-tax take-home before deciding how much payment you can carry.
Green Bay's cost of living index is 90, below the 100 national baseline. That's on top of the housing numbers above, not instead of them.
Green Bay's median home price runs 13% higher than nearby Milwaukee: $225,000 there versus $255,000 here.