Cost of Living: Milwaukee, WI vs Providence, RI (2026)

Milwaukee

Wisconsin
67
VS

Providence

Rhode Island
99

Milwaukee is 32% cheaper than Providence.

$1,033/mo ↓ 23%
Median Rent
$1,333/mo ↑ 29%
$51,888/yr ↓ 22%
Median Income
$66,772/yr ↑ 29%
$172,000 ↓ 47%
Home Value
$322,800 ↑ 88%
$1,082/mo ↓ 26%
Owner Costs
$1,467/mo ↑ 36%
569,756
Population
190,214

Tax Comparison

7.65%
Income Tax
5.99%
5.0%
State Sales Tax
7.0%
1.61%
Property Tax
1.53%

Affordability

23.9%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Milwaukee, WI and Providence, RI, the overall cost of living indices are 67 and 99 respectively (national median = 100). Rent is $300/month cheaper in Milwaukee, saving renters about $3,600/year.

Median household income is $14,884/year higher in Providence. Home values also differ significantly — the median in Milwaukee is $172,000 compared to $322,800 in Providence.

Rhode Island has a lower income tax rate, making Providence slightly more tax-friendly.

Frequently Asked Questions

Milwaukee vs Providence — common questions

Is Milwaukee or Providence cheaper to live in?
Based on our cost index, Milwaukee is cheaper to live in with an index of 67 compared to 99 (US average = 100).
What is the rent difference between Milwaukee and Providence?
Median rent in Milwaukee is $1,033/month and in Providence it's $1,333/month — a difference of $300/month.
Which city has higher income, Milwaukee or Providence?
Median household income is $51,888 in Milwaukee and $66,772 in Providence. Median household income is $14,884/year higher in Providence.
How do taxes compare between Wisconsin and Rhode Island?
Wisconsin has 7.65% income tax, 5.0% sales tax, and 1.61% property tax. Rhode Island has 5.99% income tax, 7.0% sales tax, and 1.53% property tax.
Should I move to Milwaukee or Providence?
It depends on your priorities. Milwaukee has a cost index of 67 with median rent of $1,033/mo, while Providence has a cost index of 99 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Milwaukee details → View Providence details →

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