Milwaukee, WI Cost Of Living

The latest cost of living statistics for Milwaukee. Includes statistics on rent, mortgages, healthcare, and other costs for Milwaukee compared to the state and national averages.

Cost of living in Milwaukee, Wisconsin

Cost of living in Milwaukee research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Milwaukee is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Wisconsin, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

95 Cost of living index 0.9x lower vs US
#54 Cheapest in Wisconsin (of 146)
#1,818 Cheapest in the U.S. (of 6,489)
$220,136 Median home value
$1,059 Median rent
$54,234 Median income
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What is the cost of living in Milwaukee, WI?

According to the most recent data on the cost of living, Milwaukee has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.

Compared to Wisconsin, Milwaukee has a cost of living index that's 1.0x lower than Wisconsin's index of 98.

The standard of living in Milwaukee ranks as #54 most affordable out of the 146 places we measured in Wisconsin. By definition, that implies Milwaukee ranks as the #92 most expensive place in the Badger State.

For more reading on life in Milwaukee, check out:

Milwaukee Cost Of Living Vs. Wisconsin

Six factors go into calculating the cost of living index in Milwaukee. Here is how it fares on each of the criteria:

  • The Services index in Milwaukee is 101.

  • The Groceries index in Milwaukee is 98.

  • The Health index in Milwaukee is 77.

  • The Housing index in Milwaukee is 102.

  • The Transportation index in Milwaukee is 104.

  • The Utilities index in Milwaukee is 103.

Living Expense Milwaukee Wisconsin National Average
Overall 95 98 100
Services 101 98 100
Groceries 98 100 100
Health 77 91 100
Housing 102 99 100
Transportation 104 102 100
Utilities 103 100 100

Milwaukee Cost Of Living Compared To Wisconsin Averages

Services
Milwaukee 101
Wisconsin avg 98
Groceries
Milwaukee 98
Wisconsin avg 100
Health
Milwaukee 77
Wisconsin avg 91
Housing
Milwaukee 102
Wisconsin avg 99
Transportation
Milwaukee 104
Wisconsin avg 102
Utilities
Milwaukee 103
Wisconsin avg 100

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Wisconsin, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Milwaukee, WI Housing Cost Breakdown

$220,136Median Home Value
$1,059Median Rent
$54,234Median Income

Housing swings affordability the most between places in Wisconsin, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Milwaukee is $220,136.

  • The Median Rent in Milwaukee is $1,059.

  • The Median Income in Milwaukee is $54,234.

  • The Home Value To Income in Milwaukee is 4.1x.

  • The Rent To Monthly Income in Milwaukee is 0.23x.

Statistic Milwaukee Wisconsin United States
Median Home Value $220,136 $330,171 $332,700
Median Rent $1,059 $1,087 $1,413
Median Income $54,234 $77,485 $80,734
Home Value To Income 4.1x 4.3x 4.1x
Rent To Monthly Income 0.23x 0.17x 0.21x

Milwaukee, WI Costs By Category

Detailed Milwaukee Services costs vs. Wisconsin
Item Milwaukee Wisconsin
Shampoo $1.07 $1.28
Movie $10.26 $12.13
Bowling $10.03 $18
Haircut $20.21 $24.26
Beauty Salon $33.25 $45.56
Detailed Milwaukee Groceries costs vs. Wisconsin
Item Milwaukee Wisconsin
Ground Beef $6.05 $5.84
Fried Chicken $1.46 $1.57
Milk $4.55 $4.67
Potatoes $4.1 $4.93
Pizza $11.33 $12.09
Beer $8.52 $10.41
Toothpaste $3.66 $3.7
Detailed Milwaukee Health costs vs. Wisconsin
Item Milwaukee Wisconsin
Optometrist $278.65 $125.68
Doctor $223.73 $135.78
Dentist $106.79 $113.29
Detailed Milwaukee Transportation costs vs. Wisconsin
Item Milwaukee Wisconsin
Gasoline $3.3 $3.46
Tire Balancing $44.14 $59.92
Detailed Milwaukee Utilities costs vs. Wisconsin
Item Milwaukee Wisconsin
All Electricity $182.69 $193.99
Phone $185.79 $192.25

Milwaukee SnackAbility

4Overall SnackAbility
Jobs 5/10
Housing 6/10
Affordability 6/10
Diversity 10/10
Safety 3/10
Amenities 10/10
Education 6/10
Commute 8/10

Cost Of Living In Cities Around Milwaukee

The cost of living varies in the cities and towns around Milwaukee. Here's a quick look at the cost of living in the most populous nearby places:

  • West Allis, WI has a cost of living index of 92, 1.0x Milwaukee.

  • Wauwatosa, WI has a cost of living index of 110, 1.2x Milwaukee.

  • Brookfield, WI has a cost of living index of 120, 1.3x Milwaukee.

City Population Cost Of Living Vs. Milwaukee
West Allis, WI 59,612 92 1.0x
Wauwatosa, WI 48,529 110 1.2x
Brookfield, WI 41,273 120 1.3x
Menomonee Falls, WI 39,539 111 1.2x
Greenfield, WI 37,345 100 1.1x
Mequon, WI 25,270 128 1.3x
Whitefish Bay, WI 14,665 127 1.3x
Glendale, WI 13,656 105 1.1x
Shorewood, WI 13,627 122 1.3x
Cedarburg, WI 12,605 116 1.2x