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Cost of Living / Denver vs Milwaukee

Cost of Living: Denver vs Milwaukee (2026)

Milwaukee is 9.5% cheaper than Denver

To keep the same standard of living as $100,000 in Denver, you'd need about $90,500 in Milwaukee — a $9,500 saving per year.

Denver, CO
105.5
Price level (100 = US avg)
$5,399/mo
Sample monthly budget
Milwaukee, WI
95.5
Price level (100 = US avg)
$4,856/mo
Sample monthly budget

Monthly Cost Breakdown

Estimated monthly spending for a middle-income household, adjusted by each metro's BEA price level.

Housing (rent/mortgage)
−$378/mo
Denver
$2,308
Milwaukee
$1,930
Groceries
−$27/mo
Denver
$515
Milwaukee
$488
Transportation
−$49/mo
Denver
$927
Milwaukee
$878
Healthcare
−$27/mo
Denver
$495
Milwaukee
$468
Utilities
−$24/mo
Denver
$443
Milwaukee
$419
Other (apparel, entertainment)
−$38/mo
Denver
$711
Milwaukee
$673
Total / month
Denver
$5,399
Milwaukee
$4,856
Difference
−$543

Equivalent Salary: Denver → Milwaukee

The salary you'd need in Milwaukee to maintain the same purchasing power as each income level in Denver, using the BEA price ratio of 0.905.

Salary in DenverEquivalent in MilwaukeeDifference
$50,000$45,300−$4,700
$75,000$67,900−$7,100
$100,000$90,500−$9,500
$150,000$135,800−$14,200
$200,000$181,000−$19,000

Denver vs Milwaukee: What the Numbers Mean

Moving from Denver, CO to Milwaukee, WI means your everyday costs are cheaper by roughly 9.5%. The U.S. Bureau of Economic Analysis measures Denver's overall price level at 105.5 and Milwaukee's at 95.5, where 100 represents the national average. In practical terms, a household spending $5,399 per month in Denver would spend about $4,856 for the equivalent lifestyle in Milwaukee — a swing of $543 every month, or $6,516 per year.

Housing is the decisive factor. Estimated monthly housing runs $2,308 in Denver against $1,930 in Milwaukee. Because rent and mortgage costs vary far more between metros than groceries or utilities, the housing line alone accounts for most of the 9.5% gap.

For salary negotiation or a remote-work relocation, the key number is the equivalent salary. A $100,000 income in Denver has the same purchasing power as $90,500 in Milwaukee. Looked at the other way, $100,000 in Milwaukee is worth about $110,500 in Denver terms. Use the Cost of Living Calculator to plug in your own expenses.

Don't forget state taxes

Price levels don't include income tax, which can significantly swing your real take-home pay — especially between CO and WI.

State Tax Calculator Paycheck by State

Related Comparisons

Denver vs San Francisco→Denver vs Phoenix→Denver vs Los Angeles→Denver vs Minneapolis→Denver vs Seattle→Denver vs Portland→Milwaukee vs San Francisco→Milwaukee vs Los Angeles→Milwaukee vs Seattle→Milwaukee vs New York→

Frequently Asked Questions

Is Milwaukee more expensive than Denver?

Milwaukee is 9.5% cheaper than Denver overall. Based on the U.S. Bureau of Economic Analysis Regional Price Parities (2023), Denver has a price level of 105.5 versus 95.5 for Milwaukee, where 100 equals the national average.

What salary do I need in Milwaukee to match $100,000 in Denver?

To maintain the same purchasing power as a $100,000 salary in Denver, you would need about $90,500 in Milwaukee — a difference of $9,500 per year.

Which costs more, housing in Denver or Milwaukee?

Estimated monthly housing runs about $2,308 in Denver versus $1,930 in Milwaukee. Housing is the single biggest driver of the cost-of-living gap between the two metros.

Sources & methodology

Price levels use the U.S. Bureau of Economic Analysis Regional Price Parities for metropolitan areas (2023, the most recent metro-level release). Denver maps to the Denver-Aurora-Lakewood, CO MSA; Milwaukee maps to the Milwaukee-Waukesha, WI MSA. Category spending baselines come from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey. Category-level figures are modeled estimates and are illustrative; actual costs vary by household. This is a planning tool, not financial advice.