Memphis is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Milwaukee to live the same way.
🏠 Rent per month
$1,399
$1,284
🛏️ 2-bedroom rent
$1,194
$1,170
💵 Families earn per year
$55,797
$58,491
🔑 Buying a house
$169,000
$184,000
📊 Overall prices (U.S. = 100)
92.2
96.9
🏛️ Property tax per year
$1,845
$3,668
⚡ Electric bill per month
$223
$156
👥 People living there
618,980
566,973
Commute to work
21.1 min
22.4 min
College degree
28%
27.4%
Own their home
44.9%
41.8%
Below poverty line
23.1%
22.8%
Unemployment
8.3%
6.2%
Bottom line
- Pick Memphis for cheaper homes, shorter commutes, a more educated workforce.
- Pick Milwaukee for lower rent, cheaper 2-bedroom apartments, higher incomes and 2 more.
Pay for the same job
| Job | Memphis | Milwaukee | Difference |
|---|---|---|---|
| Plumber | $58,690 | $84,700 | +44% in Milwaukee |
| Electrician | $60,890 | $77,800 | +28% in Milwaukee |
| Medical Assistant | $39,260 | $49,590 | +26% in Milwaukee |
| Carpenter | $50,620 | $63,910 | +26% in Milwaukee |
| Dental Hygienist | $78,580 | $98,780 | +26% in Milwaukee |
| Server (Waiter/Waitress) | $24,550 | $30,330 | +24% in Milwaukee |
| Operations Manager | $102,510 | $125,490 | +22% in Milwaukee |
| Firefighter | $62,910 | $49,760 | -21% in Milwaukee |
Frequently asked questions
Is Memphis or Milwaukee cheaper to live in?
Memphis is about 5% cheaper overall. Rent is $1,399 a month there versus $1,284 in Milwaukee.
What salary do I need in Milwaukee to match $60,000 in Memphis?
About $63,097 a year gives the same standard of living in Milwaukee.
Where do people earn more, Memphis or Milwaukee?
The typical household earns $55,797 in Memphis and $58,491 in Milwaukee, 5% more in Milwaukee.