Zip 53216 (Milwaukee, WI) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Milwaukee, Wisconsin?
$2,250 / month
for a family, 58.3% less expensive than the national average A total of $27,000 for the year for a family.
$2,833 / month
for a single person, 40.6% less expensive than the national average A total of $34,000 for the year for a single person.

Milwaukee cost of living score
88
Less expensive
12.0% lower
than the US average
2.1% lower
than the Wisconsin average
Milwaukee (zip 53216), Wisconsin gets a BestPlaces Cost of Living score of 88, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.0% lower than the U.S. average and 2.1% higher than the average for Wisconsin.

Zip 53216 (Milwaukee, WI)

Housing costs in Milwaukee?
A typical home costs $141,600, which is 58.1% less expensive than the national average of $338,100 and 42.0% 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 53216), Wisconsin, a minimum annual income of $27,000 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Milwaukee?
The cost of living in 53216 Milwaukee, WI is relatively high compared to other cities in the United States. Rent averages around $1,135 a month for a one-bedroom apartment while groceries and healthcare costs are significantly higher than the national average. Utilities average at around $160 per month. Despite the higher cost of living, Milwaukee offers many cultural attractions and activities that make it an attractive place to live. There are numerous outdoor areas like parks, trails, and lakes combined with a thriving art and music scene that makes Milwaukee an exciting place to be.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMilwaukeeWisconsinUnited States
    Unlock89.9100.0
  91.2  Unlock100.0
    Unlock98.9100.0
  46.0  Unlock100.0
    Unlock$244,100$338,100
  102.4  Unlock100.0
    Unlock86.9100.0
  121.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.