Cost of Living in Milton, WI
Population 5,685 · Wisconsin · Data vintage 2023
(100 = US avg)
Buyers in Milton can reasonably expect a home to cost less than three years of household income — $211,000 against $84,648 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 0.8% — below most comparable cities in the state.
Located 35 miles southeast of Madison, Milton falls within that metro's commuting orbit. Median home values run roughly 39% lower than Madison's $347,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Milton
The median home value in Milton is $210,500 — 31% below the national median of $305,000. Median rent runs $940/month, 28% lower than the national median of $1,314/month. The median household income of $84,648/year is 13% higher than the US median of $74,580. The local unemployment rate is 0.8%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. Overall, Milton has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.
Milton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Milton, WI?
Milton has a cost index of 70 (100 = national average). It is 30% below the national average.
What is average rent in Milton, WI?
The median gross rent in Milton is $940 per month based on 2023 Census data.
What is the average home price in Milton?
The median home value in Milton is $210,500 according to Zillow and Census data.
What is the median income in Milton?
The median household income in Milton is $84,648 per year (2023 ACS 5-year estimates).
What is the sales tax in Milton, WI?
The combined state and local sales tax rate in Milton is 5.4%. The Wisconsin state income tax top rate is 7.7%.
Is Milton, WI affordable?
Yes, Milton is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.
Milton at a Glance
- Population
- 5,685
- Median Income
- $84,648
- Home Value
- $210,500
- Median Rent
- $940/mo
- Unemployment
- 0.8%
- Sales Tax
- 5.4%
Nearby Cities
Explore county-level cost of living data
Wisconsin Rankings
Similar Cost Cities
Cities in other states with comparable housing costs