Quick answer
Overall prices in the Milwaukee, WI metro were 96.9 vs 93.1 in Louisville/Jefferson County, KY in 2024 (US = 100), so Milwaukee is 4.2% more expensive than Louisville/Jefferson County; housing rents differ by 24% (97.1 vs 78.6). A $75,000 income in Milwaukee buys about what $72,011 buys in Louisville/Jefferson County, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Milwaukee | Louisville/Jefferson County | Milwaukee vs Louisville/Jefferson County |
|---|---|---|---|
| All items | 96.9 | 93.1 | +4.2% |
| Goods | 93.8 | 96.2 | -2.5% |
| Housing (rents) | 97.1 | 78.6 | +23.6% |
| Utilities | 91.6 | 75.0 | +22.2% |
| Other services | 99.4 | 96.8 | +2.7% |
| All items, 2008 | 97.7 | 93.2 | +4.8% |
| $50,000 in Milwaukee equals in Louisville/Jefferson County | $48,007 | ||
| $100,000 in Milwaukee equals in Louisville/Jefferson County | $96,015 | ||
| $150,000 in Milwaukee equals in Louisville/Jefferson County | $144,022 |
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Last updated 2026-10-16. Data only, not financial or tax advice.