New York, NY vs Milwaukee, WI
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Milwaukee runs $172,000 versus $752,000 in New York, a 77% gap that dominates most relocation math. State income-tax burden also tilts toward Milwaukee — a top rate of 7.7% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$172,000 ✓
Zillow Home Value
$812,534
$216,277
Median Gross Rent
$1,779/mo
$1,033/mo ✓
Owner Occupied %
32.8%
41.5%
Price-to-Rent Ratio
35.2x
13.9x
Median Household Income
$79,713 ✓
$51,888
Per Capita Income
$50,776
$29,679
Unemployment Rate
7.7%
5.9% ✓
Poverty Rate
17.4%
23.3%
Avg Commute (min)
44.8 min
24.2 min
Drove Alone %
21.9%
67.8%
Public Transit %
45.5%
5.4%
Work From Home %
15.0%
11.3%
State Income Tax
10.9%
7.7%
Total Sales Tax
8.5%
5.4% ✓
Property Tax Rate
1.7%
1.7%
Bachelor's Degree %
23.6%
17.2%
Median Age
38
32.2
Avg High Temp
62.6°F
57.4°F
Annual Precipitation
49.5"
34.6"
Annual Snowfall
29.8"
48.7"
New York, NY 1 wins
- ✓Median Household Income
Milwaukee, WI 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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