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Cost of living: Philadelphia, PA vs Milwaukee, WI (2024)

Quick answer

Overall prices in the Philadelphia, PA metro were 102.6 vs 96.9 in Milwaukee, WI in 2024 (US = 100), so Philadelphia is 5.8% more expensive than Milwaukee; housing rents differ by 17% (113.1 vs 97.1). A $75,000 income in Philadelphia buys about what $70,892 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)PhiladelphiaMilwaukeePhiladelphia vs Milwaukee
All items102.696.9+5.8%
Goods96.893.8+3.2%
Housing (rents)113.197.1+16.5%
Utilities114.491.6+24.9%
Other services103.199.4+3.7%
All items, 2008106.497.7+8.9%
$50,000 in Philadelphia equals in Milwaukee$47,261
$100,000 in Philadelphia equals in Milwaukee$94,523
$150,000 in Philadelphia equals in Milwaukee$141,784

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

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