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Cost of living: Baltimore, MD vs Milwaukee, WI (2024)

Quick answer

Overall prices in the Baltimore, MD metro were 104.5 vs 96.9 in Milwaukee, WI in 2024 (US = 100), so Baltimore is 7.8% more expensive than Milwaukee; housing rents differ by 22% (118.2 vs 97.1). A $75,000 income in Baltimore buys about what $69,581 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)BaltimoreMilwaukeeBaltimore vs Milwaukee
All items104.596.9+7.8%
Goods102.493.8+9.1%
Housing (rents)118.297.1+21.7%
Utilities110.291.6+20.3%
Other services101.599.4+2.1%
All items, 2008106.497.7+8.9%
$50,000 in Baltimore equals in Milwaukee$46,387
$100,000 in Baltimore equals in Milwaukee$92,774
$150,000 in Baltimore equals in Milwaukee$139,161

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

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