CostIndexUSA

Boise, ID vs Milwaukee, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ID
Boise
98.4
overall index
$1,750/mo rent
More AffordableWI
Milwaukee
96.9
overall index
$1,450/mo rent

Milwaukee is slightly cheaper than Boise — 1.5% lower overall cost of living.

To match an $80,000 salary in Boise, you would need $78,800 in Milwaukee. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing8.0%
Boise
105.6
Milwaukee
97.1
🛒 Groceries2.5%
Boise
96.2
Milwaukee
93.8
🚗 Transportation≈ Equal
Boise
103.9
Milwaukee
104.4
🏥 Healthcare≈ Equal
Boise
94
Milwaukee
94.4
Utilities+29.6%
Boise
70.7
Milwaukee
91.6

Salary Equivalency Calculator

Enter your current salary in Boise to see what you'd need to earn in Milwaukee to maintain the same purchasing power.

$
Equivalent salary in Milwaukee, WI
$78,800
$1,200 less needed in Milwaukee

Formula: salary × (96.9 ÷ 98.4) = salary × 0.9848. Based on BEA Regional Price Parities.

Housing Market

Boise, ID

Median Home Price
$479,000
Median Monthly Rent
$1,750
Housing Index
105.6
Price-to-Rent Ratio
22.8×

Milwaukee, WI

Median Home Price
$363,000
Median Monthly Rent
$1,450
Housing Index
97.1
Price-to-Rent Ratio
20.9×

Boise has 8.0% lower housing costs compared to Milwaukee.

Income & Job Market

Boise, ID

Median Household Income
$82,500
Per Capita Income
$47,000
Unemployment Rate
3.3%
Population
235,984
Top Industries
TechnologyHealthcareManufacturingFinanceAgriculture

Milwaukee, WI

Median Household Income
$77,000
Per Capita Income
$43,900
Unemployment Rate
3.1%
Population
577,222
Top Industries
ManufacturingHealthcareFinanceEducationRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Boise, ID
3.9×income-to-rent ratio

75% of income left after rent (median)

Milwaukee, WI
4.4×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.