Updated · 2026 tax rules · Data: IRS, BLS, BEA, HUD · How we calculate

Cost of Living in Milwaukee, WI

Milwaukee-Waukesha, WI — prices, rents and what jobs really pay here after taxes.

Price level
96.9
U.S. average = 100 · #130 of 387
Median wage
$51,160
all jobs · $3,485/mo take-home
1-bedroom rent
$1,119
HUD fair market rent
▲2.9%
Pay trend: The median for all workers in Milwaukee, WI rose from $49,720 (May 2024) to $51,160 (May 2025). That roughly kept pace with inflation (2.4%).

Salary comparison calculator

What would you need to earn in Milwaukee, WI to keep the same lifestyle — after taxes — as in another city?

Cost of living calculator

Uses BEA price levels plus 2026 federal and state taxes in each city's state.

Salary needed to keep your lifestyle
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    How expensive is Milwaukee, WI?

    With a price level of 96.9 (U.S. average = 100), Milwaukee, WI is cheaper than average. In detail, housing costs are 3% below average; everyday goods are 6% below average; utilities are 8% below average; other services such as healthcare and dining cost about the same as the national average. The biggest difference from the national average is in utilities.

    Prices in Milwaukee, WI vs. the U.S. average

    CategoryIndex (U.S. = 100)Difference
    All items96.9−3.1%
    Housing97.1−2.9%
    Goods93.8−6.2%
    Utilities91.6−8.4%
    Other services99.4−0.6%

    Source: BEA Regional Price Parities, 2024.

    Rent in Milwaukee, WI

    UnitMonthly rentIncome needed (30% rule)
    Studio$1,027$41,080/yr
    1 bedroom$1,119$44,760/yr
    2 bedrooms$1,338$53,520/yr
    3 bedrooms$1,648$65,920/yr
    4 bedrooms$1,784$71,360/yr

    HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.

    Salary needed to live in Milwaukee, WI

    To keep the same standard of living as in an average-priced U.S. city, you would need to earn roughly:

    Salary in an average U.S. cityEquivalent in Milwaukee, WITake-home here
    $40,000$38,800$32,430
    $60,000$58,200$47,164
    $80,000$77,500$60,624
    $100,000$96,900$73,244
    $150,000$145,400$104,321

    Scaled by the BEA price level (pre-tax). Take-home: single filer, Wisconsin 2026 taxes. For a tax-aware comparison with a specific city, use the calculator above.

    A monthly budget on the median wage

    A single worker earning Milwaukee, WI's median wage of $51,160 takes home about $3,485 a month. A typical one-bedroom rents for $1,119, which is 32% of take-home pay — above the 30% guideline that financial planners suggest. That leaves about $2,366 a month for everything else.

    Take-home pay in Milwaukee, WI

    Paycheck in Milwaukee, WI
    Deductions, kids & local tax

    2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

    Your take-home pay
    $41,817
    per year · effective tax rate 18.3%
    $3,485Monthly
    $1,742Twice a month
    $1,608Every 2 weeks
    $20.10Hourly
    • Federal income tax$3,959
    • Social Security (6.2%)$3,172
    • Medicare (1.45%)$742
    • Wisconsin income tax$1,470
    • Take-home pay$41,817

    Marginal rate: 12% federal + 4.40% state

    Highest-paying jobs in Milwaukee, WI

    JobMedian salaryTake-homeReal value*
    Physicians, All Other$239,200+$262,931$271,239
    Computer and Information Systems Manager$161,220$114,296$117,907
    Financial Manager$156,100$111,068$114,577
    Sales Manager$144,560$103,792$107,071
    Lawyer$131,100$95,305$98,317
    Managers, All Other$129,300$94,170$97,146
    General and Operations Manager$125,490$91,768$94,668
    Software Developer$123,730$90,658$93,523
    Management Analyst$102,900$77,147$79,585
    Computer Systems Analyst$102,120$76,640$79,061
    Project Management Specialist$100,350$75,488$77,873
    Industrial Engineer$100,020$75,274$77,652
    Registered Nurse$97,360$73,543$75,867
    First-Line Supervisor of Construction Trades and Extraction Workers$91,760$69,900$72,109
    First-Line Supervisors of Mechanics, Installers, and Repairers$85,200$65,633$67,707
    Plumbers, Pipefitters, and Steamfitters$84,700$65,308$67,371
    Police and Sheriff's Patrol Officer$82,090$63,610$65,620
    Accountant and Auditor$80,290$62,439$64,412
    Claims Adjusters, Examiners, and Investigators$79,770$62,101$64,063
    Electrician$77,800$60,819$62,741

    *In U.S.-average dollars after adjusting for local prices.

    Pay and living costs in Wisconsin cities

    Half of Wisconsin’s 2,941,540 workers earn less than $50,270 a year and half earn more; the middle 50% earn $37,700–$76,350 (BLS, May 2025). Prices vary a lot within the state: Madison, WI stretches a paycheck furthest, while Kenosha, WI is the costliest.

    Metro areaMedian payPrice level1-BR rentRent shareLeft after rent / moBuying power*
    Minneapolis, MN$59,320104.8$1,39635%$2,605$45,806
    Milwaukee, WI$51,16096.9$1,11932%$2,366$43,138
    Madison, WI$58,08097.3$1,37735%$2,546$48,385
    Green Bay, WI$49,94093.1$91527%$2,493$43,928
    Duluth, MN$50,00088.8$97829%$2,433$46,116
    Appleton, WI$49,91092.4$96028%$2,446$44,220
    Oshkosh, WI$54,06092.9$88924%$2,779$47,369
    Eau Claire, WI$48,10092.8$96229%$2,329$42,559
    La Crosse, WI$48,26091.8$86626%$2,435$43,168
    Racine, WI$48,87096.0$98830%$2,352$41,765
    Kenosha, WI$48,310101.1$1,09233%$2,212$39,214
    Janesville, WI$48,39093.7$95529%$2,354$42,382
    Wausau, WI$48,79092.7$88927%$2,446$43,191
    Sheboygan, WI$51,89094.0$88825%$2,643$45,069
    Fond du Lac, WI$50,34091.6$94628%$2,487$44,951

    *Yearly take-home pay (on each metro’s median wage, single filer) in U.S.-average dollars. Price level: BEA RPP 2024 (U.S. = 100). Rent: HUD FY2026 one-bedroom fair market rent.

    Milwaukee, WI vs. similar-size cities

    Metro areaPrice level1-BR rentMedian wageJobs
    Milwaukee, WI96.9$1,119$51,160820,780
    Salt Lake City, UT100.9$1,426$55,240826,210
    Jacksonville, FL99.5$1,374$48,830765,930
    Virginia Beach, VA97.9$1,508$49,430763,060
    Raleigh, NC98.2$1,596$51,990743,120
    Providence, RI101.8$1,423$53,680714,120
    Louisville, KY93.1$1,026$48,370685,190

    Frequently asked questions

    Is Milwaukee, WI expensive to live in?

    According to the Bureau of Economic Analysis, overall prices in the Milwaukee-Waukesha, WI metro area are 96.9% of the U.S. average, with housing at 97.1%. It is the #130 most expensive of 387 metro areas we track.

    What salary do you need to live in Milwaukee, WI?

    To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $58,162 in Milwaukee, WI (before tax differences). The median wage across all jobs here is $51,160.

    Can you afford Milwaukee, WI on the median wage?

    A single worker on the $51,160 median wage takes home about $3,485 a month after 2026 taxes; a one-bedroom at $1,119 would take 32% of that.

    How much is rent in Milwaukee, WI?

    HUD’s FY2026 fair market rents for Milwaukee, WI are $1,027 for a studio, $1,119 for one bedroom, $1,338 for two bedrooms and $1,648 for three bedrooms, including utilities.

    Top salaries by field in Milwaukee, WI

    Management Occupations

    Business and Financial Operations Occupations

    Computer and Mathematical Occupations

    Architecture and Engineering Occupations

    Community and Social Service Occupations

    Legal Occupations

    Educational Instruction and Library Occupations

    Healthcare Practitioners and Technical Occupations

    Healthcare Support Occupations

    Protective Service Occupations

    Food Preparation and Serving Related Occupations

    Building and Grounds Cleaning and Maintenance Occupations

    Sales and Related Occupations

    Office and Administrative Support Occupations

    Construction and Extraction Occupations

    Installation, Maintenance, and Repair Occupations

    Production Occupations

    Transportation and Material Moving Occupations

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