Living Cost Compare
Milwaukee

Wisconsin

$1,030/mo est.

vs
New York City

New York

$1,990/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,030 in Milwaukee, WI versus $1,990 in New York City, NY. Overall, Milwaukee, WI is roughly 48% cheaper to live in day-to-day than New York City, NY, driven mainly by rent.

Median household income is $51,888 in Milwaukee, WI and $79,713 in New York City, NY — about 35% higher in New York City, NY. Wisconsin has a top state income tax rate of 7.65% and a 5% state sales tax; New York has a top state income tax rate of 10.90% and a 4% state sales tax.

Rent

Studio
$841
$1,633
+94% in New York City, NY
1 Bedroom
$849
$1,705
+101% in New York City, NY
2 Bedroom
$1,031
$1,781
+73% in New York City, NY
3 Bedroom
$1,193
$2,065
+73% in New York City, NY

Buying a Home

Median Home Value
$172,000
$751,700
+337% in New York City, NY

Income

Median Household Income
$51,888
$79,713
+54% in New York City, NY
Metro Median Wage (annual)
$51,160
$61,430
+20% in New York City, NY

People & Lifestyle

Median Age
32.2 yr
38.0 yr
+5.8 yr in New York City, NY
Homeownership
41.5%
32.8%
+8.7 pp in Milwaukee, WI
Bachelor's+ (25+)
26.6%
41.0%
+14.4 pp in New York City, NY
Avg Commute
22.4 min
40.6 min
+18.2 min in New York City, NY

Crime (per 100k/yr)

Violent Crime
1,452.3
690.9
+52% in Milwaukee, WI
Property Crime
2,772.2
2,413.5
+13% in Milwaukee, WI

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
47.9°F
55.0°F
+7.1°F in New York City, NY
Annual Precipitation
34.8 in
49.9 in
+15.2 in in New York City, NY

Gas

Regular Gasoline
$4.35/gal
$4.44/gal
+2% in New York City, NY

Area: Midwest (PADD 2) vs New York City.

Public Transit

Base Fare (one-way)
$2.25
$3.00
+33% in New York City, NY

Adult base one-way fare — MCTS vs MTA (2026).

Utilities

Electricity (¢/kWh)
18.8
28.6
+52% in New York City, NY
Natural Gas ($/MCF)
$9.48
$18.90
+99% in New York City, NY

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.14
$4.14
about equal
Bread (lb)
$1.79
$1.92
+7% in New York City, NY
Eggs (doz)
$3.63
$2.25
+38% in Milwaukee, WI
Ground Beef (lb)
$6.97
$6.90
+1% in Milwaukee, WI
Chicken (lb)
$2.15
$2.02
+6% in Milwaukee, WI
Bananas (lb)
$0.63
$0.68
+7% in New York City, NY

Average prices — Midwest vs Northeast (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (WI / NY)
5%
4%
+1.0 pp in WI
Income Tax (top rate)
7.65%
10.90%
+3.3 pp in NY

Milwaukee vs New York City — FAQ

Is it cheaper to live in Milwaukee or New York City?
Milwaukee, WI is cheaper. Its monthly baseline of $1,030 (1BR rent + utilities) runs about 48% below New York City, NY's $1,990, mainly because of rent.
How much more do you need to earn to live in Milwaukee than in New York City?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $34,000 a year in Milwaukee versus $68,000 in New York City.
Which has lower taxes, Milwaukee or New York City?
Milwaukee is taxed under Wisconsin's rules (a top state income tax rate of 7.65% and a 5% state sales tax); New York City under New York's (a top state income tax rate of 10.90% and a 4% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).