Housing costs in Milwaukee?
A typical home costs
$116,000, which is 65.7% less expensive than the national average of
$338,100 and 52.5% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Milwaukee costs
$920 per month, which is 10.7% cheaper than the national average of
$1,030 and 18.5% cheaper than the state average of
$1,090.
Can I afford Milwaukee?
To live comfortably in Milwaukee (zip 53205), Wisconsin, a minimum annual income of
$22,320 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Milwaukee?
The cost of living in 53205 Milwaukee, WI is relatively high compared to the national average. The median home price within the zip code is $118,100, which is well above the national median of $194,500. Rent prices are also on the high end with an average one-bedroom apartment in 53205 costing around $1,164 per month. Grocery costs are slightly above the national average as well, while utilities like electricity and gas are both slightly below average. Transportation costs are moderate, with taxes making up a significant portion of total costs. All in all, 53205 can be an expensive place to live but there are some great benefits to living in this area such as access to top schools, a vibrant cultural community and plenty of outdoor activities to enjoy throughout the year.