Cost of Living in West Milwaukee, WI

With a cost of living index of 77, West Milwaukee, WI is a very affordable place to live. Living here is 23% cheaper than the national average and in line with the Wisconsin state average. West Milwaukee is a small community of 4,064 residents.

Housing costs are the biggest factor in West Milwaukee's cost of living. The median monthly rent is $885 (33% below the US median of $1,319), and the median home value sits at $203,500 (33% below the national median of $304,900). At current prices, the median home costs roughly 4.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in West Milwaukee is $48,976, which is 35% lower than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Milwaukee-Waukesha, WI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.