Quick answer
Overall prices in the Phoenix, AZ metro were 103.3 vs 96.9 in Milwaukee, WI in 2024 (US = 100), so Phoenix is 6.6% more expensive than Milwaukee; housing rents differ by 25% (121.2 vs 97.1). A $75,000 income in Phoenix buys about what $70,369 buys in Milwaukee, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Phoenix | Milwaukee | Phoenix vs Milwaukee |
|---|---|---|---|
| All items | 103.3 | 96.9 | +6.6% |
| Goods | 95.0 | 93.8 | +1.3% |
| Housing (rents) | 121.2 | 97.1 | +24.8% |
| Utilities | 93.3 | 91.6 | +1.9% |
| Other services | 104.0 | 99.4 | +4.6% |
| All items, 2008 | 105.7 | 97.7 | +8.2% |
| $50,000 in Phoenix equals in Milwaukee | $46,913 | ||
| $100,000 in Phoenix equals in Milwaukee | $93,826 | ||
| $150,000 in Phoenix equals in Milwaukee | $140,739 |
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Last updated 2026-10-16. Data only, not financial or tax advice.