Housing costs in Milwaukee?
A typical home costs
$255,200, which is 24.5% less expensive than the national average of
$338,100 and 4.5% more expensive than the average Wisconsin home, at
$244,100. Renting a two-bedroom unit in Milwaukee costs
$1,050 per month, which is 1.9% more than the national average of
$1,030 and 3.8% cheaper than the state average of
$1,090.
Can I afford Milwaukee?
To live comfortably in Milwaukee (zip 53295), Wisconsin, a minimum annual income of
$48,960 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Milwaukee?
The cost of living in Milwaukee, WI 53295 is generally quite affordable. Housing costs are lower than the national average, making it an attractive place to live for those on a budget. Groceries, healthcare, utilities, transportation, and other necessities also tend to be cheaper than in other parts of the country. Despite the relatively affordable cost of living in Milwaukee, residents should still take care to budget carefully and plan their expenses accordingly.