Calculate using real Milwaukee data. Median home price: $175,000. Property tax rate: 2.17%.
Milwaukee, WI has a cost of living index of 90, where 100 represents the national average. This means living in Milwaukee is 10% less expensive the national average.
The median household income in Milwaukee, WI is $43,125. Combined with a cost of living index of 90, this provides a picture of purchasing power in the area.
The median home price in Milwaukee, WI is $175,000 with a property tax rate of 2.17%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,351.