Cost Index: 91 · Below Average

Cost of Living in Milwaukee

Median income in Milwaukee is $42,000/year ($3,500/month). Here is how to budget every dollar.

Average Rent in Milwaukee

$800

Studio

$1,000

1 Bedroom

$1,250

2 Bedrooms

Monthly Budget Breakdown: $3,500/month

How to allocate the median Milwaukee income of $42,000/year after taxes.

Housing

$1,000

29%

Food & Groceries

$350

10%

Transportation

$250

7%

Utilities

$180

5%

Healthcare

$175

5%

Entertainment

$210

6%

Personal & Other

$175

5%

Savings

$1,160

33%

Total

$3,500

100%

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$
Needs
$1,75050%
Wants
$1,05030%
Savings
$70020%
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Affordable Neighborhoods in Milwaukee

1

Bay View is Milwaukee's trendiest neighborhood with moderate rents

2

Riverwest has an artsy, community-oriented vibe with affordable housing

3

Wauwatosa west of downtown offers excellent schools at moderate prices

Money-Saving Tips for Milwaukee

$

MCTS monthly pass ($72) covers all bus routes across the county

$

Take advantage of Milwaukee's free lakefront festivals in summer

$

Shop at Aldi, Pick 'n Save, and the Milwaukee Public Market for groceries

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