Side-by-side cost of living comparison for 2026
Louisville and Milwaukee have very similar costs of living, with less than a 3% difference overall.
Index values shown. National average = 100. Lower is cheaper.
To maintain the same standard of living:
See exact take-home pay: Kentucky salaries ยท Wisconsin salaries
Housing is typically the biggest factor in any cost-of-living comparison. Louisville has a housing index of 77 while Milwaukee sits at 80 (national average = 100). The median home in Louisville costs $210,000 compared to $175,000 in Milwaukee, a difference of $35,000. Monthly rent follows a similar pattern: $1,100 in Louisville versus $1,100 in Milwaukee.
Groceries and everyday expenses show a narrower gap: Louisville scores 96 while Milwaukee scores 100. Both cities are close to the national average for grocery costs.
Healthcare costs in Louisville (93) are lower than Milwaukee (102). Both are close to the national average.
Median household income in Louisville is $52,238 compared to $44,044 in Milwaukee. When adjusted for cost of living, purchasing power is similar in both cities.
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