Housing costs in Milwaukee?
A typical home costs
$141,600, which is 58.1% less expensive than the national average of
$338,100 and 42.0% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Milwaukee costs
$1,020 per month, which is 1.0% cheaper than the national average of
$1,030 and 6.9% cheaper than the state average of
$1,090.
Can I afford Milwaukee?
To live comfortably in Milwaukee (zip 53216), Wisconsin, a minimum annual income of
$27,000 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Milwaukee?
The cost of living in 53216 Milwaukee, WI is relatively high compared to other cities in the United States. Rent averages around $1,135 a month for a one-bedroom apartment while groceries and healthcare costs are significantly higher than the national average. Utilities average at around $160 per month. Despite the higher cost of living, Milwaukee offers many cultural attractions and activities that make it an attractive place to live. There are numerous outdoor areas like parks, trails, and lakes combined with a thriving art and music scene that makes Milwaukee an exciting place to be.