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NEW YORK DAWN™ > Blog > Real Estate > Chicago vs Milwaukee: Which Metropolis is Proper for You? Evaluating Actual Property, Price of Residing, Tradition, and Extra
Chicago vs Milwaukee: Which Metropolis is Proper for You? Evaluating Actual Property, Price of Residing, Tradition, and Extra
Real Estate

Chicago vs Milwaukee: Which Metropolis is Proper for You? Evaluating Actual Property, Price of Residing, Tradition, and Extra

Last updated: December 19, 2024 8:17 pm
Editorial Board Published December 19, 2024
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Are you torn between settling in a brand new Chicago condo or shopping for a home in Milwaukee? These two Midwestern cities could share a Nice Lake, however they provide distinct life. Chicago boasts a dynamic job market, iconic structure, and world-class cultural alternatives, whereas Milwaukee supplies a decrease price of residing, a close-knit group vibe, and a wealthy brewing heritage.

From actual property affordability and job alternatives to way of life and cultural highlights, there’s a lot to discover earlier than making your resolution. On this Redfin article, we’ll break down the important thing variations that can assist you determine which metropolis to name residence.

Housing in Chicago vs Milwaukee

Chicago and Milwaukee current distinct actual property markets, from Chicago’s bustling city panorama to Milwaukee’s extra laid-back and reasonably priced housing scene. Let’s discover the important thing variations in housing prices, area, and residing choices between these two Midwest cities.

Housing in Chicago

Chicago affords a mixture of housing types, from smooth high-rise condos downtown to charming historic properties in Chicago neighborhoods like Lincoln Park and Wicker Park. Whether or not you’re on the lookout for an city way of life or a suburban retreat, Chicago supplies quite a lot of choices to suit various preferences. Its actual property market is pricier than Milwaukee however nonetheless reasonably priced in comparison with different main cities.

Median residence price in Chicago: Round $370,000, with extra space and worth in comparison with cities like NYC or San Francisco.
Common rental price: Chicago’s hire is roughly $2,223 monthly, with greater costs in areas just like the Loop and River North.

Housing in Milwaukee

Milwaukee stands out for its affordability and distinctive character. Housing ranges from charming bungalows in pleasant neighborhoods to fashionable flats in revitalized downtown districts. Milwaukee supplies a extra relaxed tempo of life, making it a beautiful possibility for these searching for affordability and high quality of life.

houses and apartments in milwaukee

Price of residing in Chicago vs Milwaukee

The price of residing in Milwaukee, WI, is 12% decrease than in Chicago, IL, reflecting variations in utilities, transportation, and way of life bills. Chicago’s greater prices are pushed by its bigger dimension, city density, and better vary of facilities. Right here’s how the 2 cities examine:

1. Utilities

Utilities in Milwaukee are 1% greater than in Chicago. Milwaukee’s smaller infrastructure sometimes ends in effectivity, however Chicago’s city density and inhabitants offset some prices, holding them barely decrease general.

2. Groceries

Groceries in Milwaukee are 2% cheaper than in Chicago. Proximity to Wisconsin’s agricultural areas and decrease transportation prices hold Milwaukee’s meals costs extra reasonably priced in comparison with Chicago’s city atmosphere.

3. Transportation

Transportation prices in Milwaukee are 4% decrease than in Chicago. Chicago’s bigger public transit system and better parking charges in city areas, just like the Loop, considerably improve prices. Milwaukee’s smaller dimension and less complicated roadways make driving and parking extra reasonably priced.

4. Healthcare

Healthcare in Milwaukee is 1% cheaper than in Chicago. Milwaukee’s smaller-scale healthcare system helps hold prices manageable, whereas Chicago’s bigger community of specialised medical companies will increase general bills.

5. Way of life

Way of life bills in Milwaukee are 9% cheaper than in Chicago. Chicago’s famend eating, leisure, and cultural alternatives come at a premium, whereas Milwaukee affords a extra relaxed and reasonably priced way of life with its personal distinctive appeal.

what its like to live in milwaukee

Chicago vs Milwaukee in dimension and inhabitants

Chicago and Milwaukee could each sit alongside Lake Michigan, however their sizes and populations differ vastly. Chicago covers about 227 sq. miles with a inhabitants of two.7 million, making a bustling city middle with dense neighborhoods and towering skyscrapers. Milwaukee, however, spans simply 96 sq. miles with a inhabitants of round 577,000, giving it a a lot smaller and extra relaxed really feel. Chicago’s dimension permits for a variety of experiences, from busy downtown streets to sprawling suburban-style areas, whereas Milwaukee’s compact design affords straightforward navigation and a close-knit group vibe.

Climate and local weather in Chicago vs Milwaukee

Chicago’s local weather and Milwaukee’s local weather each expertise the complete vary of seasons, with heat summers and chilly, snowy winters. Nevertheless, Chicago’s winters are usually barely harsher, as its bigger city space amplifies wind chills and snow accumulation. Milwaukee, whereas additionally impacted by Lake Michigan, experiences milder breezes and barely much less snowfall general. Each cities share a threat of extreme thunderstorms in the summertime, although Chicago often faces stronger storms as a result of its bigger dimension and density.

parks and recreation in chicago

The job market in Chicago vs Milwaukee
Chicago: A stronghold in finance, manufacturing, and healthcare

Chicago is a Midwest financial large, powered by finance, manufacturing, and healthcare industries. With an employment charge of 64% and a median family earnings of $74,000, the town affords various job alternatives. The common hourly wage of $33.41 displays its strong financial system, and sectors like tech and logistics are steadily rising. Chicago is residence to main employers similar to Northern Belief and Abbott Laboratories, making it a central hub for professionals throughout numerous fields.

milwaukee wi jobs and economy

Milwaukee: Brewing heritage and rising healthcare presence

Milwaukee’s job market thrives on its industrial historical past and rising healthcare sector. With an employment charge of 62% and a median family earnings of $61,000, the town supplies a aggressive but reasonably priced atmosphere for staff. The common hourly wage of $30.11 helps a variety of roles in manufacturing, healthcare, and brewing. Main employers like Aurora Well being Care and Molson Coors Beverage Firm drive job creation, making Milwaukee an interesting alternative for professionals searching for a smaller-city way of life.

public transportation chicago il

Transportation in Chicago vs Milwaukee
Chicago: In depth transit with car-friendly choices

Chicago affords a well-developed public transportation system, together with CTA trains (the “L”) and bus companies, making it straightforward to navigate the town with out a automobile. Downtown Chicago is extremely walkable, and biking is more and more well-liked, supported by the Divvy bike-share program. For many who favor driving, Chicago supplies extra accessible parking and wider streets in comparison with bigger cities like NYC, balancing public transit with car-friendly infrastructure.

Milwaukee: Automobile-centric with rising transit choices

Milwaukee’s transportation system is extra car-dependent, with its compact dimension and suburban format making driving the first alternative for many residents. Town additionally affords bus companies by the Milwaukee County Transit System and a streetcar line, The Hop, which connects key downtown areas. Biking is gaining popularity because of added bike lanes and trails, although it stays a growing possibility.

chicago real estate

Journey out and in of Chicago vs Milwaukee

Each cities provide handy journey choices, with Chicago serving as a serious Midwest transportation hub and Milwaukee offering sturdy regional connections.

Chicago: O’Hare Worldwide and Halfway Worldwide airports, Amtrak connecting to main U.S. cities, Greyhound and Megabus companies, and scenic river and lake cruises from the town’s port.
Milwaukee: Milwaukee Mitchell Worldwide Airport, Amtrak’s Hiawatha service connecting to Chicago, Greyhound and intercity bus companies, and Lake Michigan ferries providing regional transportation.

what its like to live in chicago

Way of life and issues to do in Chicago vs Milwaukee
A day within the lifetime of a Chicagoan

Residing in Chicago is about mixing vibrant city life with midwestern heat. Begin your day with a stroll alongside the Lakefront Path or a go to to a neighborhood café in Logan Sq.. Town’s various cultural scene affords limitless alternatives, from exploring iconic museums to catching dwell music in legendary venues just like the Inexperienced Mill. Weekends would possibly embrace kayaking on the Chicago River, attending a road pageant, or cheering on the Cubs at Wrigley Discipline.

High issues to do in Chicago:

Google Road View of the Artwork Institute of Chicago

Chicago parks:

Google Road View of Northerly Island

Chicago vacationer sights:

Willis Tower Skydeck
Navy Pier
Millennium Park
Lincoln Park Zoo
Chicago Riverwalk

A day within the lifetime of a Milwaukeean

Milwaukee affords a laid-back, community-focused way of life with loads of appeal. Begin your morning with espresso from an area roastery and a stroll alongside the Milwaukee Riverwalk. Town’s thriving beer tradition pairs nicely with its festivals, providing alternatives to discover its heritage. Evenings would possibly embrace attending a Brewers sport, exploring the Historic Third Ward, or having fun with dwell music at Summerfest grounds.

High issues to do in Milwaukee:

Google Road View of the Historic Third Ward

Milwaukee parks:

Google Road View of Whitnall Park

Milwaukee vacationer sights:

Milwaukee Artwork Museum
Harley-Davidson Museum
Discovery World
Mitchell Park Domes
Pabst Mansion

Meals and tradition in Chicago vs Milwaukee
Chicago: The Windy Metropolis

Chicago is famend for its hearty and various meals scene, with iconic dishes like deep-dish pizza, scorching canine, and Italian beef sandwiches main the best way. Neighborhoods just like the West Loop and Pilsen increase the culinary palette with high-end eating and genuine Mexican fare. Chicago’s wealthy cultural choices embrace festivals like Style of Chicago and the Chicago Blues Competition, in addition to legendary theaters and jazz golf equipment that make the town a hub for dwell performances.

Milwaukee: Brew Metropolis

Milwaukee’s meals scene displays its brewing heritage, with beer pairing completely alongside bratwurst, cheese curds, and German-inspired dishes. Town additionally boasts a thriving farm-to-table motion and various delicacies in neighborhoods like Bay View and the Historic Third Ward. Milwaukee’s cultural appeal shines by in occasions like Summerfest, the Milwaukee Movie Competition, and its vibrant artwork galleries and museums, all contributing to its distinctive Midwest enchantment.

wrigley field chicago il

Sports activities scene in Chicago vs Milwaukee
Chicago: Basketball and baseball ardour

Chicago’s sports activities tradition is synonymous with passionate followers and historic groups. The Bulls and Cubs are cornerstones of the town’s athletic identification, drawing loyal crowds to the United Middle and Wrigley Discipline. Soccer is a serious draw, with the Bears uniting the town on sport days, whereas hockey followers fill the United Middle for Blackhawks video games. The White Sox and Fireplace FC add to the town’s year-round sports activities pleasure.

Milwaukee: Brew Metropolis delight

Milwaukee’s sports activities scene is centered round basketball and baseball, with the Bucks and Brewers main the best way. Fiserv Discussion board comes alive with Bucks followers cheering for his or her NBA champions, whereas American Household Discipline attracts households and diehard baseball followers alike. Milwaukee additionally embraces hockey, with the Admirals representing the town, and the Packers in close by Inexperienced Bay additional energize the area’s love for soccer.

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TAGGED:ChicagoCityComparingCostCultureEstateLivingMilwaukeereal
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