HomePricePeek

Lima vs Milwaukee

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Lima vs Milwaukee

Lima is 28% more affordable for homebuyers. Lima has a price-to-income ratio of 9.8x compared to 2.8x in Milwaukee.

MetricLimaMilwaukee
Avg Home Price$130,000$180,000
Price / sqm$2,200$2,000
Rent (1BR)$500/mo$1,000/mo
Rent (3BR)$900/mo$1,500/mo
Price-to-Income9.8x2.8x
Mortgage Rate7.5%6.8%
1yr Change+2.8%+5.8%
Median Income$13,000/yr$64,000/yr
Population10,000,000580,000
LimaView full details โ†’MilwaukeeView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Lima or Milwaukee more expensive?
Lima is more affordable. Home prices differ by $50,000 (28%).
Which city has cheaper rent, Lima or Milwaukee?
Rent for a 1BR in Lima is $500/mo vs $1,000/mo in Milwaukee.

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