Housing costs in Milwaukee?
A typical home costs
$382,800, which is 13.2% more expensive than the national average of
$338,100 and 56.8% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Milwaukee costs
$1,360 per month, which is 32.0% more than the national average of
$1,030 and 19.9% more than the state average of
$1,090.
Can I afford Milwaukee?
To live comfortably in Milwaukee (zip 53211), Wisconsin, a minimum annual income of
$73,440 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Milwaukee?
The cost of living in 53211 Milwaukee, WI is relatively affordable compared to other cities in the United States. The median home value is $93,400, which is well below the national average of $184,700. Additionally, the median rent in the area is $873 and the cost of utilities are quite low at an average of $156 per month. The overall cost of living in this Milwaukee zip code is 11% lower than the rest of Wisconsin and 8% lower than the U.S. average. This makes it a great place for residents looking for a budget-friendly lifestyle.