Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 96.9 in Milwaukee, WI in 2024 (US = 100), so Minneapolis is 8.1% more expensive than Milwaukee; housing rents differ by 15% (111.8 vs 97.1). A $75,000 income in Minneapolis buys about what $69,358 buys in Milwaukee, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Milwaukee | Minneapolis vs Milwaukee |
|---|---|---|---|
| All items | 104.8 | 96.9 | +8.1% |
| Goods | 103.1 | 93.8 | +9.9% |
| Housing (rents) | 111.8 | 97.1 | +15.2% |
| Utilities | 93.5 | 91.6 | +2.1% |
| Other services | 104.4 | 99.4 | +5.0% |
| All items, 2008 | 102.9 | 97.7 | +5.3% |
| $50,000 in Minneapolis equals in Milwaukee | $46,239 | ||
| $100,000 in Minneapolis equals in Milwaukee | $92,478 | ||
| $150,000 in Minneapolis equals in Milwaukee | $138,717 |
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Last updated 2026-10-16. Data only, not financial or tax advice.