Housing costs in Milwaukee?
A typical home costs
$185,400, which is 45.2% less expensive than the national average of
$338,100 and 24.0% 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 53208), Wisconsin, a minimum annual income of
$35,640 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Milwaukee?
Living in 53208 Milwaukee, WI has an average cost of living that is slightly higher than the national average. According to recent estimates, housing costs are 11% higher than the national average, while groceries and health care are about 8% more expensive. The relatively affordable cost of transportation helps to balance out these expenses, which is why many people consider this area to be a great place for families and retirees alike. All in all, 53208 Milwaukee, WI offers a reasonable cost of living that makes it an attractive destination for relocation.