City Comparison

Meridian vs Milwaukee

Cost of Living Comparison · 2026

Meridian

Idaho
120
Above Average
$509,000
Median Home
$1,725/mo
Median Rent
$99,700
Median Income

Milwaukee

Wisconsin
92
Below Average
$175,000
Median Home
$1,100/mo
Median Rent
$44,044
Median Income

The Verdict

30.4%

Milwaukee is 30.4% less expensive than Meridian overall. A household earning $75,000 in Meridian would need approximately $57,500 in Milwaukee to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
154
Meridian
80
Milwaukee
Groceries
104
Meridian
100
Milwaukee
Utilities
86
Meridian
97
Milwaukee
Transportation
113
Meridian
103
Milwaukee
Healthcare
103
Meridian
102
Milwaukee

Salary Equivalence

A $75,000 salary in Meridian has the same purchasing power as $57,500 in Milwaukee.

Conversely, $75,000 in Milwaukee equals $97,826 in Meridian.

Living in Meridian vs Milwaukee

Housing Costs

Meridian's housing index of 154 is higher Milwaukee's 80, translating to median home prices of $509,000 vs $175,000. The $334,000 difference in home prices means roughly $21,708 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Meridian compared to $1,100/mo in Milwaukee, a monthly difference of $625.

Grocery & Food Costs

Grocery expenses index at 104 in Meridian and 100 in Milwaukee. A household spending the national average of $475/month on groceries would pay approximately $494/month in Meridian vs $475/month in Milwaukee. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 86 in Meridian and 97 in Milwaukee. Monthly utility bills average approximately $344 in Meridian vs $388 in Milwaukee. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 103 in Meridian and 102 in Milwaukee. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $99,700 in Meridian and $44,044 in Milwaukee. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $83,083 and $47,874 respectively. Meridian residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,326/month to housing in Meridian vs $1,028/month in Milwaukee. In Meridian, median rent of $1,725/mo fits within this budget. In Milwaukee, median rent of $1,100/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 74 index points — focus your budget analysis there.

Frequently Asked Questions

Milwaukee is 30.4% more affordable overall with an index of 92 vs 120.
A $75,000 salary in Meridian has equivalent purchasing power to approximately $57,500 in Milwaukee, based on the cost of living difference.
Meridian's housing index is 154 with median homes at $509,000, while Milwaukee's is 80 with median homes at $175,000.

Moving & Relocation Resources

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