Cost of living in South Milwaukee research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means South Milwaukee is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Wisconsin, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in South Milwaukee is 93, with 100 being the average.
The cost of living index in South Milwaukee is 0.9x lower than the national average.
South Milwaukee ranks as the #58 cheapest in Wisconsin out of 143.
South Milwaukee ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in South Milwaukee is $170,900.
The median income in South Milwaukee is $61,046.
According to the most recent data on the cost of living, South Milwaukee has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Wisconsin, South Milwaukee has a cost of living index that's 1.0x lower than Wisconsin's index of 95.
The standard of living in South Milwaukee ranks as #58 most affordable out of the 143 places we measured in Wisconsin. By definition, that implies South Milwaukee ranks as the #85 most expensive place in the Badger State.
For more reading on life in South Milwaukee, check out:
Six factors go into calculating the cost of living index in South Milwaukee. Here is how it fairs on each of the criteria:
The Services index in South Milwaukee is 94.
The Groceries index in South Milwaukee is 94.
The Health index in South Milwaukee is 110.
The Housing index in South Milwaukee is 83.
The Transportation index in South Milwaukee is 91.
The Utilities index in South Milwaukee is 95.
Living Expense | South Milwaukee | Wisconsin | National Average | |
---|---|---|---|---|
Overall | 93 | 95 | 100 | |
Services | 94 | 97 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 110 | 114 | 100 | |
Housing | 83 | 84 | 100 | |
Transportation | 91 | 96 | 100 | |
Utilities | 95 | 103 | 100 |
Housing swings affordability the most between places in Wisconsin, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in South Milwaukee is $170,900.
The Median Rent in South Milwaukee is $941.
The Median Income in South Milwaukee is $61,046.
The Home Value To Income in South Milwaukee is 2.8x.
The Rent To Monthly Income in South Milwaukee is 0.18x.
Statistic | South Milwaukee | Wisconsin | United States |
---|---|---|---|
Median Home Value | $170,900 | $200,400 | $244,900 |
Median Rent | $941 | $916 | $1,163 |
Median Income | $61,046 | $67,080 | $69,021 |
Home Value To Income | 2.8x | 3.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.16x | 0.2x |
Item | South Milwaukee | Wisconsin |
---|---|---|
Shampoo | $1.09 | $1.06 |
Movie | $11.14 | $10.68 |
Bowling | $16.27 | $14.67 |
Haircut | $22.22 | $18.62 |
Beauty Salon | $41.93 | $39.05 |
Item | South Milwaukee | Wisconsin |
---|---|---|
Ground Beef | $4.05 | $4.22 |
Fried Chicken | $1.22 | $1.39 |
Milk | $1.98 | $2.05 |
Potatoes | $2.49 | $3.29 |
Pizza | $10.35 | $10.62 |
Beer | $7.84 | $9.38 |
Toothpaste | $2.24 | $2.34 |
Item | South Milwaukee | Wisconsin |
---|---|---|
Optometrist | $60.0 | $108.57 |
Doctor | $175.4 | $116.17 |
Dentist | $101.1 | $99.13 |
Item | South Milwaukee | Wisconsin |
---|---|---|
Gasoline | $2.01 | $2.22 |
Tire Balancing | $47.04 | $50.07 |
Item | South Milwaukee | Wisconsin |
---|---|---|
All Electricity | $159.26 | $167.67 |
Phone | $178.69 | $175.64 |
The cost of living varies in the cities and towns around South Milwaukee. Here's a quick look at the cost of living in the most populous nearby places:
Wauwatosa, WI has a cost of living index of 102, 1.1x South Milwaukee.
Brookfield, WI has a cost of living index of 112, 1.2x South Milwaukee.
New Berlin, WI has a cost of living index of 103, 1.1x South Milwaukee.
City | Population | Cost Of Living | Vs. South Milwaukee |
---|---|---|---|
Wauwatosa, WI | 48,072 | 102 | 1.1x |
Brookfield, WI | 41,020 | 112 | 1.2x |
New Berlin, WI | 40,289 | 103 | 1.1x |
Greenfield, WI | 37,623 | 93 | 1.0x |
Franklin, WI | 36,685 | 104 | 1.1x |
Oak Creek, WI | 36,266 | 99 | 1.1x |
Caledonia, WI | 25,288 | 97 | 1.0x |
Muskego, WI | 24,991 | 108 | 1.2x |
Cudahy, WI | 18,197 | 91 | 1.0x |
Whitefish Bay, WI | 14,818 | 120 | 1.3x |