Housing costs in Milwaukee?
A typical home costs
$137,200, which is 59.4% less expensive than the national average of
$338,100 and 43.8% less expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Milwaukee costs
$950 per month, which is 7.8% cheaper than the national average of
$1,030 and 14.7% cheaper than the state average of
$1,090.
Can I afford Milwaukee?
To live comfortably in Milwaukee (zip 53233), Wisconsin, a minimum annual income of
$26,280 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Milwaukee?
The cost of living in 53233 Milwaukee, WI is moderately high compared to the national average. The overall cost of living index is 103.4, which means that it is 3.4% higher than the US average and 6.9% higher than Wisconsin's average. Housing costs in 53233 are particularly elevated, with an index score of 130.7, making them 30.7% more expensive than the national average and 33.2% more expensive than the state average. Groceries, transportation, health care and utilities all have index scores within 1-5 percentage points of the national and state averages, while miscellaneous expenses such as entertainment and clothing are slightly higher than both averages at 2-6%.