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Management Consultant Salary in Milwaukee, WI

How much does a management consultant make in Milwaukee? Explore median, entry-level, and senior salaries adjusted for Milwaukee's cost of living.

Median Salary
$105,180
per year in Milwaukee
Entry Level
$62,395
Starting salary
Senior Level
$147,074
Experienced professionals
Cost of Living
96
4% below national avg

Salary Breakdown by Experience Level

See how management consultant salaries break down across different pay periods in Milwaukee.

PeriodEntry LevelMedianSenior
Annual$62,395$105,180$147,074
Monthly$5,200$8,765$12,256
Biweekly$2,400$4,045$5,657
Weekly$1,200$2,023$2,828
Hourly$30$51$71

Milwaukee vs National Average

How Milwaukee's management consultant salaries compare to national figures.

Milwaukee Salary
$105,180
COL Index: 96
National Average
$98,190
COL Index: 100
Difference
+$6,990
Higher in Milwaukee

Cost of Living in Milwaukee

1-Bedroom Rent
$1,300
per month
Median Income
$51,234
per year
Population
577,222
residents
Rent % of Income
30.4%
median household
Cost of Living Index: 96 — A score of 100 represents the U.S. average. Salaries in Milwaukee have been adjusted to account for local cost differences.

About Management Consultant

Overview

Advise organizations on operational efficiency, strategy, and business improvement.

Education

Bachelor's degree; MBA advantageous

Key Skills

Strategic ThinkingProcess ImprovementAnalysisClient Management

Growth Rate

Expected job growth: +22% over the next decade

Compare Cities: Management Consultant Salary

See Management Consultant salaries in other top cities.

New York, NY
$110,950
+5%
Los Angeles, CA
$107,470
+2%
Chicago, IL
$120,140
+14%
Houston, TX
$98,620
-6%
Phoenix, AZ
$90,810
-14%

Financial Tools to Explore

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Management Consultant Salary in Milwaukee, WI — Complete Guide

Median Salary Overview

The median salary for a management consultant in Milwaukee, WI is $105,180 per year, adjusted for the local cost of living index of 96. This figure reflects typical earnings for experienced professionals in this role, considering Milwaukee's unique economic conditions.

Salary Range and Experience Levels

Entry-level management consultant professionals in Milwaukee can expect to earn around $62,395 annually. As professionals gain experience, salaries typically increase, with senior-level management consultants earning approximately $147,074 per year. This represents a 136% increase from entry to senior level.

Cost of Living Adjustment

Milwaukee's cost of living index of 96 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Milwaukee are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $98,190, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a management consultant's salary in Milwaukee typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 14.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Management Consultants are in growing demand across the United States, with an expected job growth of 22% over the next decade. In Milwaukee, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.