Skyline of Milwaukee
Cost of Living: 95.2 561,385

Milwaukee, WI, US

Brew City on Lake Michigan with summer festivals, cheap housing, and cheese curds.

Updated July 6, 2026
Cost of Living 95.2

Below Average vs US avg (100)

Housing Index 86.4

Affordable

Median Income $44,000

Household income

Unemployment 3.5%

Job market health

Milwaukee vs US Average

Cost of Living
Milwaukee: 95.2
US Avg: 100
Housing Index
Milwaukee: 86.4
US Avg: 100
State Income Tax
Milwaukee: 6.27%
US Avg: ~5%

Taxes

  • State Income Tax: 6.3%
  • Sales Tax: 5.5%

Economy & Jobs

  • Median Income: $44,000
  • Unemployment: 3.5%
  • Population: 561,385

Climate

  • Sunny Days: 191/year
  • Summer High: 80°F
  • Winter Low: 15°F

Housing

  • Median Home: $175,000
  • 1BR Rent: $1100/mo

Cost of Living

Milwaukee's cost of living index is 95.2 (US average = 100).

CategoryMilwaukeeNational AverageDifference
Overall95.2100-4.8%
Housing86.4100-13.6%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$175,000
Median Rent (1BR)$1100/mo
Median Rent (2BR)$1,375/mo
Price per Sq Ft$116

Data source: Zillow Research, May 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

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$90,000 down
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Utilities

Estimated monthly utility costs for a typical household in Milwaukee:

UtilityEstimated Monthly CostNotes
Electricity$115Based on ~900 kWh/month typical US household usage
Heating (Gas/Oil)$354Estimated based on local climate. Gas or electric
Water$50Includes sewer
Internet (100+ Mbps)$55Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities$574Monthly estimate (including heating)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Best Neighborhoods

Downtown Milwaukee

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,320/mo.

Milwaukee Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,210/mo.

East Milwaukee

Up-and-coming neighborhood with new developments and young professionals. Average rent: $990/mo.

West Milwaukee

Family-friendly area with parks and good schools. Average rent: $1,045/mo.

Remote Work Score

Milwaukee scores 122/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Good
  • Climate: 191 year (Fair)
  • Quality of Life: Good

Climate

Milwaukee has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January35°F15°F2.5"
April65°F30°F2.8"
July80°F55°F1.5"
October60°F33°F2.2"

Taxes

  • State Income Tax: 6.27%
  • Sales Tax: 5.5%
  • Property Tax: ~2.31% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.5%.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Milwaukee, WI, US?

The cost of living index in Milwaukee is 95.2, which is Lower the US national average of 100.

How much does it cost to buy a home in Milwaukee?

The median home price in Milwaukee is $175,000. The housing index is 86.4.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Milwaukee is approximately $1100/mo.

Does Milwaukee, WI have income tax?

Milwaukee is in WI, which has an income tax rate of 6.27%.

What is the climate like in Milwaukee?

Milwaukee enjoys approximately 191 sunny days per year. Summer highs reach around <no value>°F,80°F, while winter lows can drop to around <no value>°F.15°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024

Data last updated: July 6, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.