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Cost of living: Portland, OR vs Milwaukee, WI (2024)

Quick answer

Overall prices in the Portland, OR metro were 105.4 vs 96.9 in Milwaukee, WI in 2024 (US = 100), so Portland is 8.8% more expensive than Milwaukee; housing rents differ by 29% (125.1 vs 97.1). A $75,000 income in Portland buys about what $68,964 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)PortlandMilwaukeePortland vs Milwaukee
All items105.496.9+8.8%
Goods105.293.8+12.2%
Housing (rents)125.197.1+28.8%
Utilities107.091.6+16.8%
Other services100.199.4+0.7%
All items, 200898.797.7+1.0%
$50,000 in Portland equals in Milwaukee$45,976
$100,000 in Portland equals in Milwaukee$91,952
$150,000 in Portland equals in Milwaukee$137,928

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

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