City comparison
Boulder, CO vs Milwaukee, WI
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Boulder, CO are 8.5% higher than in Milwaukee, WI. Someone earning $100,000 in Milwaukee, WI would need about $108,500 in Boulder, CO to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,795 a month in Boulder, CO versus $1,119 in Milwaukee, WI. On $100,000, that's 29% of take-home pay in Boulder, CO and 18% in Milwaukee, WI.
- Estimated state income tax on $100,000 is close: $3,692 a year in CO and $3,919 in WI.
- For federal employees, locality pay changes a GS-13 step 1 salary by −6.2% moving from Boulder, CO to Milwaukee, WI ($118,675 → $111,310), while prices change by −7.9%. Net effect of the transfer: +1.8% in real buying power.
- Boulder, CO: price level 105.2 (pricier)
- Milwaukee, WI: price level 96.9 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Boulder, CO | Milwaukee, WI | |
|---|---|---|
| Price level (U.S. = 100)2 | 105.2 | 96.9 |
| $100,000 is worth, in the other city2 | $92,144 in Milwaukee | $108,526 in Boulder |
| Typical 1-bedroom rent3 | $1,795/mo | $1,119/mo |
| Take-home on $100,00014,15,8 | $75,488 | $75,261 |
| State income tax on $100,000 (estimate)8 | $3,692 (CO) | $3,919 (WI) |
| Rent burden on $100,000 | 29% | 18% |
| Median pay, all jobs4 | $69,580 | $51,160 |
| Federal locality pay area7 | Denver-Aurora, CO | Milwaukee-Racine-Waukesha, WI |
Rent areas: Boulder, CO MSA and Milwaukee-Waukesha, WI MSA. Metro areas: Boulder, CO and Milwaukee-Waukesha, WI.
What costs more or less
| Price level (U.S. = 100) | Boulder | Milwaukee |
|---|---|---|
| Housing (rent) | 157.0 | 97.1 |
| Goods | 96.1 | 93.8 |
| Utilities | 82.7 | 91.6 |
| Other services | 99.8 | 99.4 |
| Overall | 105.2 | 96.9 |
Moving with the same $100,000 salary
Boulder, CO → Milwaukee, WI
Same pay goes further
Buying power +8.5%; rent takes 18% of take-home; state tax +$228/yr.
95 Strong offer
Milwaukee, WI → Boulder, CO
Same pay buys less
Buying power −7.9%; rent takes 29% of take-home; state tax −$228/yr.
39 Weak offer
On the GS pay scale?
Boulder, CO is in the Denver-Aurora, CO pay area; Milwaukee, WI is in Milwaukee-Racine-Waukesha, WI. The last column shows what a transfer from Boulder, CO to Milwaukee, WI at the same grade and step does to real buying power.
| Grade5,2 | Boulder, CO | Milwaukee, WI | Real change, Boulder → Milwaukee |
|---|---|---|---|
| GS-9 step 1 | $68,819 | $64,548 | +1.8% |
| GS-11 step 1 | $83,265 | $78,098 | +1.8% |
| GS-12 step 1 | $99,800 | $93,606 | +1.8% |
| GS-13 step 1 | $118,675 | $111,310 | +1.8% |
| GS-14 step 1 | $140,239 | $131,535 | +1.8% |
Pay for common jobs
| Median annual pay4 | Boulder, CO | Milwaukee, WI | Milwaukee pay in Boulder dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $80,640 | $61,480 | $66,722 (−17.3%) |
| Software Developers | $164,560 | $123,730 | $134,279 (−18.4%) |
| Accountants and Auditors | $99,990 | $80,290 | $87,136 (−12.9%) |
| Registered Nurses | $103,290 | $97,360 | $105,661 (+2.3%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.