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Cost of living: Milwaukee, WI vs Buffalo, NY (2024)

Quick answer

Overall prices in the Milwaukee, WI metro were 96.9 vs 95.8 in Buffalo, NY in 2024 (US = 100), so Milwaukee is 1.1% more expensive than Buffalo; housing rents differ by 20% (97.1 vs 81.0). A $75,000 income in Milwaukee buys about what $74,154 buys in Buffalo, 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)MilwaukeeBuffaloMilwaukee vs Buffalo
All items96.995.8+1.1%
Goods93.899.7-5.9%
Housing (rents)97.181.0+19.9%
Utilities91.6129.5-29.3%
Other services99.497.8+1.7%
All items, 200897.797.0+0.7%
$50,000 in Milwaukee equals in Buffalo$49,436
$100,000 in Milwaukee equals in Buffalo$98,872
$150,000 in Milwaukee equals in Buffalo$148,309

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

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