Wisconsin · Census, HUD and BEA figures · Updated

Cost of Living in Milwaukee County, WI

Prices around Milwaukee County, WI run 3.1% below the U.S. average (BEA, the metro area). The typical household there earns $64,435 a year, and HUD puts a two-bedroom at $1,338 a month. Keeping that rent under 30% of income takes about $53,520 a year.

Milwaukee County, WI at a glance

Median household income

$64,435$5,370 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,338HUD FY2026 Fair Market Rent
Price level (U.S. = 100)96.9-3.1% · BEA, the metro area
Electricity19.6¢per kWh · EIA Residential WI
Population926,331Census ACS 5-year estimate

How much rent can you afford in Milwaukee County, WI?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,338Monthly market rent
Share of gross income24.9%Recommended max: 30%
Annual income needed$53,520To meet the 30% standard
Max affordable rent$1,611At 30% of $64,435
0%30% (Affordability standard)100%
Compare against:

How much is rent in Milwaukee County, WI? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Milwaukee-Waukesha, WI MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Milwaukee County, WI, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,027$12,324$41,08019.1%
1-Bedroom Apartment$1,119$13,428$44,76020.8%
2-Bedroom ApartmentBenchmark$1,338$16,056$53,52024.9%
3-Bedroom Home$1,648$19,776$65,92030.7%
4-Bedroom Home$1,784$21,408$71,36033.2%

Rent in Milwaukee County, WI, with the wage each unit needs →

What a typical income covers in Milwaukee County, WI

The 50/30/20 rule applied to the local median of $64,435 a year ($5,370 a month before tax).

Needs (50%)$2,685/moRent ($1,338 2-BR), utilities (~$176/mo), groceries, transit
Wants (30%)$1,611/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,074/moEmergency fund, retirement, paying down loans

What $64,435 leaves after Wisconsin taxes

Federal income tax, Social Security, Medicare and Wisconsin tax on the local median income. Change the salary to see yours.

$64,435
$25,000$130,000
Filing status:
Gross salary breakdown$64,435
Net 80%
Fed 9%
WI 4%
FICA 8%
Annual take-home$51,637After all taxes
Monthly deposit$4,303Estimated per month
Biweekly paycheck$1,986Every 2 weeks (26/yr)
Effective tax rate19.9%Total tax burden
Federal income tax$5,552 / yr
Wisconsin state income tax$2,316 / yr
FICA (Social Security & Medicare)$4,929 / yr

Living in Milwaukee County, WI: common questions

What is the median household income in Milwaukee County, WI?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Milwaukee County, WI is $64,435 per year (approximately $5,370 per month).

What is the average rent in Milwaukee County, WI?

The closest official figure is HUD's Fair Market Rent for 2026: $1,027 for a studio, $1,119 for one bedroom, $1,338 for two, $1,648 for three and $1,784 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Milwaukee County, WI expensive to live in?

Prices there run 3.1% below the U.S. average. BEA's regional price parity for the metro area is 96.9, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Milwaukee County, WI?

To keep a $1,338 two-bedroom under 30% of gross income, a household needs about $53,520 a year, or $4,460 a month. That is 83% of what the typical household in Milwaukee County, WI earns.

How much do you need to live comfortably in Milwaukee County, WI?

On the local median income of $64,435 ($5,370 a month before tax), the 50/30/20 rule leaves $2,685 a month for needs like rent, utilities and groceries, $1,611 for everything else and $1,074 for savings or debt. A two-bedroom at $1,338 takes 50% of the needs share.

How much is the electric bill in Milwaukee County, WI?

Homes in Wisconsin paid 19.6¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $176. Your bill depends mostly on heating and cooling.