Cost of Living in Milwaukee, WI
2024 data from the Bureau of Economic Analysis
Cost Index
96.9
3.1% below avg
Housing Index
97.1
Median Income
$72,937
Median Rent
$1,052/mo
Cost Breakdown
Overall96.9 (-3.1%)
Housing97.1 (-2.9%)
Goods93.8 (-6.2%)
Utilities91.6 (-8.4%)
Other Services99.4 (-0.6%)
National average = 100
Income & Housing
Median Household Income
$72,937/year
Median Home Value
$267,200
Median Monthly Rent
$1,052/mo
Per Capita Income
$42,532/year
Compare Milwaukee, WI With
Milwaukee, WI vs Tucson, AZMilwaukee, WI vs Great Falls, MTMilwaukee, WI vs Crestview, FLMilwaukee, WI vs Rochester, NYMilwaukee, WI vs Reading, PAMilwaukee, WI vs Gainesville, GAMilwaukee, WI vs State College, PAMilwaukee, WI vs Gainesville, FLMilwaukee, WI vs Lakeland, FLMilwaukee, WI vs Madison, WI
Frequently Asked Questions
Is Milwaukee, WI expensive to live in?
Milwaukee, WI has a cost of living index of 96.9, which is 3.1% below the national average.
How much does housing cost in Milwaukee, WI?
Housing costs in Milwaukee, WI are indexed at 97.1 compared to the national average of 100. The median monthly rent is $1,052.
What is the average income in Milwaukee, WI?
The median household income in Milwaukee, WI is $72,937 per year.
What is the average home price in Milwaukee, WI?
The median home value in Milwaukee, WI is $267,200.