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

Quick answer

Overall prices in the New York, NY metro were 112.6 vs 96.9 in Milwaukee, WI in 2024 (US = 100), so New York is 16.1% more expensive than Milwaukee; housing rents differ by 53% (148.6 vs 97.1). A $75,000 income in New York buys about what $64,588 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)New YorkMilwaukeeNew York vs Milwaukee
All items112.696.9+16.1%
Goods110.393.8+17.6%
Housing (rents)148.697.1+53.0%
Utilities127.091.6+38.7%
Other services105.899.4+6.5%
All items, 2008113.597.7+16.1%
$50,000 in New York equals in Milwaukee$43,059
$100,000 in New York equals in Milwaukee$86,118
$150,000 in New York equals in Milwaukee$129,177

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

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