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Cost of living: Austin, TX vs Milwaukee, WI (2024)

Quick answer

Overall prices in the Austin, TX metro were 98.1 vs 96.9 in Milwaukee, WI in 2024 (US = 100), so Austin is 1.2% more expensive than Milwaukee; housing rents differ by 24% (120.4 vs 97.1). A $75,000 income in Austin buys about what $74,137 buys in Milwaukee, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)AustinMilwaukeeAustin vs Milwaukee
All items98.196.9+1.2%
Goods93.893.8-0.0%
Housing (rents)120.497.1+23.9%
Utilities82.091.6-10.4%
Other services96.299.4-3.2%
All items, 200899.697.7+1.9%
$50,000 in Austin equals in Milwaukee$49,424
$100,000 in Austin equals in Milwaukee$98,849
$150,000 in Austin equals in Milwaukee$148,273

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Last updated 2026-10-16. Data only, not financial or tax advice.

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