CostIndexUSA

Milwaukee, WI vs Olympia, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWI
Milwaukee
96.9
overall index
$1,450/mo rent
WA
Olympia
103.7
overall index
$2,025/mo rent

Milwaukee is moderately cheaper than Olympia — 7.0% lower overall cost of living.

To match an $80,000 salary in Milwaukee, you would need $85,600 in Olympia. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+20.2%
Milwaukee
97.1
Olympia
116.7
🛒 Groceries+11.9%
Milwaukee
93.8
Olympia
105
🚗 Transportation≈ Equal
Milwaukee
104.4
Olympia
104.4
🏥 Healthcare≈ Equal
Milwaukee
94.4
Olympia
94.5
Utilities≈ Equal
Milwaukee
91.6
Olympia
91.7

Salary Equivalency Calculator

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

$
Equivalent salary in Olympia, WA
$85,600
$5,600 more needed in Olympia

Formula: salary × (103.7 ÷ 96.9) = salary × 1.0702. 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×

Olympia, WA

Median Home Price
$518,000
Median Monthly Rent
$2,025
Housing Index
116.7
Price-to-Rent Ratio
21.3×

Olympia has 20.2% 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

Olympia, WA

Median Household Income
$93,200
Per Capita Income
$53,100
Unemployment Rate
4.1%
Population
53,532
Top Industries
GovernmentHealthcareEducationRetailManufacturing

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)

Olympia, WA
3.8×income-to-rent ratio

74% 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.