Have you been eyeing a home in Minneapolis, MN, or perhaps an apartment in Milwaukee, WI? These two Midwest cities share a rich cultural history and a passion for the arts. Minneapolis offers a thriving job market and charming lakeside neighborhoods, while Milwaukee boasts a lower cost of living and a renowned brewing heritage. Whether you’re drawn to the lively streets of Minneapolis or the riverside charm of Milwaukee, choosing the perfect city to call home is a significant decision.
When it comes to real estate prices, job opportunities, cost of living, and cultural experiences, there’s a lot to think about. In this Redfin article, we’ll delve into the key differences to help you determine which city suits you best for your next move.
Housing in Minneapolis vs Milwaukee
Minneapolis and Milwaukee each offer distinct housing markets, blending urban living with suburban allure. Let’s compare the differences in housing costs, space, and lifestyle between these two Midwest cities.
Housing in Minneapolis
From modern condos in Downtown Minneapolis to classic Craftsman-style homes in neighborhoods like Northeast and Uptown, Minneapolis presents a diverse housing market. The city’s mix of urban vitality and lakeside living appeals to professionals and families alike. Known for its robust housing market and vibrant community life, Minneapolis offers options for every budget and taste.
Housing in Milwaukee
Milwaukee’s housing market is more affordable, featuring charming homes in historic neighborhoods like Bay View and Brewers Hill. The city offers a range of housing styles, from cozy bungalows to contemporary downtown apartments. Milwaukee’s affordability and strong community feel make it an appealing choice for buyers and renters alike.
Cost of Living in Minneapolis vs Milwaukee
The cost of living in Milwaukee, WI, is 7% higher than in Minneapolis, MN. Variations in utilities, groceries, transportation, and healthcare contribute to a significant portion of the difference.
1. Utilities
Milwaukee’s utilities are roughly 1% cheaper than those in Minneapolis. Harsh winters in Minneapolis lead to higher heating costs, while Milwaukee’s milder climate helps keep utility expenses lower.
2. Groceries
Grocery costs in Minneapolis and Milwaukee are similar. Both cities benefit from Midwest agriculture, resulting in comparable pricing, although Milwaukee’s smaller population can sometimes offer slight savings.
3. Transportation
Transportation expenses in Milwaukee are about 6% higher than in Minneapolis. While Minneapolis has a robust public transit system and bike-friendly infrastructure, Milwaukee’s commuting costs are higher due to fewer public transit options and reliance on cars.
4. Healthcare
Healthcare in Milwaukee is approximately 6% more expensive than in Minneapolis. Despite Minneapolis having a concentration of specialized medical facilities, Milwaukee’s healthcare costs exceed those of Minneapolis due to fewer competitive options.
5. Lifestyle
Lifestyle expenses in Milwaukee are about 2% higher than in Minneapolis. While Minneapolis offers a wider array of cultural and recreational activities, Milwaukee’s burgeoning arts and dining scene have slightly raised costs.
