CostIndexUSA

Jonesboro, AR vs Milwaukee, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableAR
Jonesboro
85.9
overall index
$1,325/mo rent
WI
Milwaukee
96.9
overall index
$1,450/mo rent

Jonesboro is moderately cheaper than Milwaukee — 12.8% lower overall cost of living.

To match an $80,000 salary in Jonesboro, you would need $90,200 in Milwaukee. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+80.5%
Jonesboro
53.8
Milwaukee
97.1
🛒 Groceries≈ Equal
Jonesboro
93.6
Milwaukee
93.8
🚗 Transportation+4.3%
Jonesboro
100.1
Milwaukee
104.4
🏥 Healthcare+4.3%
Jonesboro
90.5
Milwaukee
94.4
Utilities+22.1%
Jonesboro
75
Milwaukee
91.6

Salary Equivalency Calculator

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

$
Equivalent salary in Milwaukee, WI
$90,200
$10,200 more needed in Milwaukee

Formula: salary × (96.9 ÷ 85.9) = salary × 1.1281. Based on BEA Regional Price Parities.

Housing Market

Jonesboro, AR

Median Home Price
$196,000
Median Monthly Rent
$1,325
Housing Index
53.8
Price-to-Rent Ratio
12.3×

Milwaukee, WI

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

Milwaukee has 80.5% higher housing costs compared to Jonesboro.

Income & Job Market

Jonesboro, AR

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
77,678
Top Industries
HealthcareEducationManufacturingRetailAgriculture

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).

Jonesboro, AR
3.7×income-to-rent ratio

73% 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.