Milwaukee

Milwaukee, Wisconsin is a mid-size city with a population of approximately 561,385. The overall cost of living index sits at 92, which is below the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 8% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Milwaukee. Median rent is $1,398 per month, while the median home price is $216,278. At a median household income of $51,888, rent consumes roughly 32% of gross income, which represents a moderate housing cost burden. The housing sub-index of 81 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Milwaukee with a sub-index of 95, while utilities is comparatively more affordable at 85. State-level taxes also shape the true cost of living: Wisconsin applies a 7.65% income tax rate, and property tax averages 1.51% of assessed home value. The combined sales tax rate is 5.44%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Milwaukee has remained relatively stable. Among the 2 tracked cities in Wisconsin, Milwaukee ranks #1 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Milwaukee actually costs.