Housing costs in Milwaukee?
A typical home costs
$222,000, which is 34.3% less expensive than the national average of
$338,100 and 9.1% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Milwaukee costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 5.5% more than the state average of
$1,030.
Can I afford Milwaukee?
To live comfortably in Milwaukee Wiscon County, Wisconsin, a minimum annual income of
$42,480 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Milwaukee?
Living in Milwaukee, WI County is generally less expensive than many other places in the United States. The median house value is $222,000 which is significantly lower than the US average of $338,100. Furthermore, the cost of living index for Milwaukee County is 88 when compared with the US average of 100. This means that goods and services tend to be cheaper in Milwaukee than in most areas across the country. All in all, Milwaukee offers a great quality of life with a relatively low cost of living.