Cost of Living: Milwaukee, WI vs Montrose, CO

Housing

The housing market plays a significant role in determining the cost of living.

Metric Milwaukee Montrose
Housing Index 95.0 110.0
Median Home Price $206,000 $366,000
Average Rent (2 BR Apartment) $1200 $1400
Average Rent (2 BR House) $1280 $1450

Housing Comparison: Milwaukee vs Montrose

  • The median home price in Montrose is higher at $366,000, compared to $206,000 in Milwaukee.
  • In Montrose, the rental for a two-bedroom apartment stands at $1,400, while it is $1,200 in Milwaukee.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Milwaukee Montrose
Electricity Price $17.6 $15.21
Natural Gas Price $11.5 $11.3
Other Utilities $250 $250

Utilities Comparison: Milwaukee vs Montrose

  • Electricity costs are higher in Milwaukee at $17.6 per kWh, compared to $15.21 in Montrose.
  • Natural gas is more expensive in Milwaukee at $11.5 per unit, while it is cheaper at $11.3 in Montrose.
  • Utility expenses are equal in both Milwaukee and Montrose averaging $250.