Housing costs in Milwaukee?
A typical home costs
$135,500, which is 59.9% less expensive than the national average of
$338,100 and 44.5% 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 53218), Wisconsin, a minimum annual income of
$25,920 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Milwaukee?
The cost of living in 53218 Milwaukee, WI is slightly below the national average. The overall cost of living index is 85.1, which is lower than the U.S. average of 100. The housing index is 64.3, meaning that housing costs are significantly lower than the national average. Additionally, transportation costs are also below average at 95, while grocery prices are right at the national average of 100. Although there are some higher-than-average costs associated with health care and utilities, overall the cost of living in 53218 Milwaukee, WI remains fairly low compared to other cities in the United States.