Milwaukee vs Milwaukee: Cost of Living Comparison

Milwaukee has a cost of living index of 96.9, while Milwaukee scores 96.9. Milwaukee is approximately 0.0% more expensive overall. This comparison accounts for housing, groceries, utilities, transportation, healthcare, and taxes.

Median 2-bedroom rent in Milwaukee is $1,059/month compared to $1,059/month in Milwaukee — a difference of 0%. Rent is typically the largest monthly expense, so this significantly impacts overall affordability.

Due to cost of living differences, you would need approximately 100% of your Milwaukee salary to maintain the same standard of living in Milwaukee. For example, a $75,000 salary in Milwaukee would need to be about $75,000 in Milwaukee. Use the salary slider above to calculate your specific equivalent.

The cost of living index is calculated using data from the Bureau of Economic Analysis (Regional Price Parities), US Census Bureau (median incomes and home values), HUD (Fair Market Rents), and Bureau of Labor Statistics (consumer price data). A score of 100 represents the national average. Scores above 100 indicate higher-than-average costs, while scores below 100 are more affordable.

Milwaukee has a median household income of $54,234 with an unemployment rate of 3.1%. Milwaukee has a median household income of $54,234 with an unemployment rate of 3.1%. While income is higher in Milwaukee, remember to factor in cost of living when comparing real purchasing power.

Beyond cost of living, consider: (1) state income tax differences — some states have no income tax; (2) housing market trends and whether to rent or buy; (3) job market strength in your industry; (4) healthcare costs and access; (5) climate and lifestyle preferences; (6) commute times and transportation options; and (7) proximity to family. Our comparison tool covers the financial factors, but quality of life matters too.