CostIndexUSA

Milwaukee, WI vs Norfolk, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWI
Milwaukee
96.9
overall index
$1,450/mo rent
VA
Norfolk
97.9
overall index
$1,800/mo rent

Milwaukee is slightly cheaper than Norfolk — 1.0% lower overall cost of living.

To match an $80,000 salary in Milwaukee, you would need $80,800 in Norfolk. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+2.8%
Milwaukee
97.1
Norfolk
99.8
🛒 Groceries+3.2%
Milwaukee
93.8
Norfolk
96.8
🚗 Transportation0.9%
Milwaukee
104.4
Norfolk
103.5
🏥 Healthcare0.7%
Milwaukee
94.4
Norfolk
93.7
Utilities2.2%
Milwaukee
91.6
Norfolk
89.6

Salary Equivalency Calculator

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

$
Equivalent salary in Norfolk, VA
$80,800
$800 more needed in Norfolk

Formula: salary × (97.9 ÷ 96.9) = salary × 1.0103. Based on BEA Regional Price Parities.

Housing Market

Milwaukee, WI

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

Norfolk, VA

Median Home Price
$360,000
Median Monthly Rent
$1,800
Housing Index
99.8
Price-to-Rent Ratio
16.7×

Norfolk has 2.8% higher housing costs compared to Milwaukee.

Income & Job Market

Milwaukee, WI

Median Household Income
$77,000
Per Capita Income
$43,900
Unemployment Rate
3.1%
Population
577,222
Top Industries
ManufacturingHealthcareFinanceEducationRetail

Norfolk, VA

Median Household Income
$79,300
Per Capita Income
$45,200
Unemployment Rate
4.3%
Population
245,782
Top Industries
MilitaryHealthcareShippingGovernmentRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Milwaukee, WI
4.4×income-to-rent ratio

77% of income left after rent (median)

Norfolk, VA
3.7×income-to-rent ratio

73% 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.