Labor Costs. Labor costs are rolled up into the cost of the rest of the project for the purpose of figuring deductions and depreciation. The IRS considers labor costs on improvements and renovations to be a capital expense.
According to a 2014 GAO study, Milwaukee has some of the country's highest health care costs. A total hip replacement costs up to $11,000 more in that city's hospitals than in those of Minneapolis, Boston, Cleveland or St. Louis. Similarly, placement of a coronary stent costs up to $13,000 more in Milwaukee than in most other markets.
An amount below 100 means Milwaukee, Wisconsin is cheaper than the US average. A cost of living index above 100 means Milwaukee, Wisconsin is more expensive. Milwaukee, Wisconsin cost of living is 84.10. Housing is the biggest factor in the cost of living difference. See the Milwaukee housing market: Homes For Sale Apartments Single Family Rentals.