Cost of Living: Boulder vs Milwaukee (2026)

Milwaukee has a 48% lower overall cost of living than Boulder as of Q1 2026. A one-bedroom apartment runs $1,350/mo in Milwaukee vs $2,300/mo in Boulder โ€” a 70% difference. Boulder has a lower state income tax rate (4.4% vs 7.7%), which adds up over time.

  • Milwaukee is 48% cheaper overall (COL index: 132 vs 89)
  • 1BR rent: $1,350/mo in Milwaukee vs $2,300/mo โ€” 41% savings
  • Higher median household income: Boulder ($80,000/yr vs $56,000/yr)
  • Median home price: $260,000 in Milwaukee vs $800,000 โ€” 68% difference
Category
Boulder
Colorado
Milwaukee
Wisconsin
๐Ÿ  HousingQ1 2026
Studio rent/mo$1,800$1,100Best
1BR rent/mo$2,300$1,350Best
2BR rent/mo$3,000$1,800Best
Median home price$800K$260KBest
๐Ÿ›’ Food & GroceriesQ1 2026
Groceries index (100 = US avg)10998Best
Budget meal (1 person)$17$13Best
Mid-range dinner (2)$70$54Best
๐ŸšŒ TransportationQ1 2026
Monthly transit pass/mo$80$72Best
Gas price/gal$3.45$3.20Best
Car insurance/mo$140Best$148
โšก UtilitiesQ1 2026
Monthly utilities bundle/mo$138Best$168
Internet/mo$68$63Best
๐Ÿ’ฐ Income & TaxesQ1 2026
Median household income/yr$80KBest$56K
State income tax%4.4%Best7.7%
Sales tax (combined)%8.0%5.4%Best
๐ŸŽฌ LeisureQ1 2026
Movie ticket$16.00$14.00Best
Gym membership/mo$55$38Best
Beer at restaurant$7.50$6.00Best
๐Ÿ“Š OverviewQ1 2026
Overall COL index (100 = US avg)13289Best
Walk score / 1005262Best

Frequently asked questions

Is Boulder cheaper than Milwaukee?

No. Milwaukee is 48% cheaper than Boulder based on overall cost of living indices (89 vs 132, where 100 = US average).

What is the average rent in Boulder vs Milwaukee?

As of Q1 2026, the median 1-bedroom rent in Boulder is $2,300/month and in Milwaukee is $1,350/month. Boulder is more expensive by 70%.

How much do I need to earn in Milwaukee to match a $75,000 salary in Boulder?

To maintain a similar lifestyle, you would need approximately $50,568/year in Milwaukee to match a $75,000 salary in Boulder. This estimate is based on overall cost of living indices and does not account for individual spending patterns.

Which city has lower taxes โ€” Boulder or Milwaukee?

Boulder has the lower state income tax rate at 4.4% vs 7.7%. The difference is 3.3 percentage points. Note that sales tax and local taxes also vary โ€” see the full breakdown in the table above.

Is it worth moving from Boulder to Milwaukee?

It depends on your priorities. Milwaukee offers lower overall costs, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.

Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS ยท Updated Q1 2026 ยท For general guidance only

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