Median rent is 51% lower in Milwaukee ($1,059/mo vs $2,147/mo). Buying is cheaper in Milwaukee, where the median home runs $184,000 versus $731,700. Households earn more in Boston ($97,344 vs $54,234 a year). Taken together, Milwaukee is the more affordable choice with a cost index of 95.7 against 110.4 — about 13% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Boston, MA.
Cost of living verdict
Milwaukee is 13% cheaper overall
Cost of Living Index: 95.7 in Milwaukee vs 110.4 in Boston (US national average = 100)
City A
Boston, MA
City B
Milwaukee, WI
How much would you need to earn in Milwaukee, WI to maintain your standard of living from Boston, MA?
Equivalent salary in Milwaukee, WI
$64,999
You could earn $10,001 less (13% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Boston
Massachusetts
Milwaukee
Wisconsin
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Milwaukee — median rent of $1,059/mo versus $2,147/mo in Boston, a 51% difference. Home buyers face a steeper market in Boston: the median home is $731,700 versus $184,000 in Milwaukee — 75% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Boston
Income tax: N/A
Sales tax: N/A
Milwaukee
Income tax: N/A
Sales tax: N/A
Milwaukee has cleaner air on average: 22.0 AQI (Good) compared to 31.0 AQI (Good) in the other city. Lower AQI means cleaner, healthier air.
Pick Milwaukee if you prioritize lower overall cost of living (index 95.7 vs 110.4).
Pick Boston if you prioritize higher median household income ($97,344/yr).
Pick Milwaukee if you prioritize cheaper rent ($1,059/mo median).
Pick Milwaukee if you prioritize cleaner air quality (avg AQI 22.0).
Is Boston cheaper than Milwaukee?
Milwaukee is cheaper overall, with a cost of living index of 95.7 versus 110.4 (US average = 100). That means prices run about 13% lower in Milwaukee.
How much is rent in Boston vs Milwaukee?
Median rent is $2,147/mo in Boston, MA and $1,059/mo in Milwaukee, WI. Milwaukee, WI has the lower rent by about 51%.
Which has higher salaries — Boston or Milwaukee?
Median household income is $97,344 in Boston, MA and $54,234 in Milwaukee, WI. Boston, MA has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Milwaukee, WI has better air quality on average: 22.0 AQI versus 31.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Boston or Milwaukee?
State tax data is not yet available for one or both cities.
What salary do I need in Milwaukee to match my Boston income?
To maintain the same purchasing power, a salary of $100,000 in Boston, MA is equivalent to roughly $86,665 in Milwaukee, WI (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology