Housing costs in Milwaukee?
A typical home costs
$289,100, which is 14.5% less expensive than the national average of
$338,100 and 18.4% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Milwaukee costs
$1,650 per month, which is 60.2% more than the national average of
$1,030 and 33.9% more than the state average of
$1,090.
Can I afford Milwaukee?
To live comfortably in Milwaukee (zip 53202), Wisconsin, a minimum annual income of
$55,440 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Milwaukee?
The cost of living in 53202 Milwaukee, WI can be quite high. Housing is one of the biggest costs for residents, with the median home value coming in at $134,800 and median rent at $1,008. Transportation expenses are also significant due to the area’s need for cars to navigate the city. The overall cost of living index for this zip code is 99.7, which is slightly higher than the national average of 100. Despite some of these higher costs, there are a variety of local restaurants and amenities available that make living in the area more affordable and enjoyable.