Milan, IL Cost Of Living

The latest cost of living statistics for Milan. Includes statistics on rent, mortgages, healthcare, and other costs for Milan compared to the state and national averages.

Cost of living in Milan, Illinois

Cost of living in Milan research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Milan is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

89 Cost of living index 0.9x lower vs US
#61 Cheapest in Illinois (of 336)
#897 Cheapest in the U.S. (of 6,489)
$184,801 Median home value
$963 Median rent
$62,597 Median income
Not sure Milan fits your budget? Try our place-match quiz →

What is the cost of living in Milan, IL?

According to the most recent data on the cost of living, Milan has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to Illinois, Milan has a cost of living index that's 0.9x lower than Illinois's index of 98.

The standard of living in Milan ranks as #61 most affordable out of the 336 places we measured in Illinois. By definition, that implies Milan ranks as the #275 most expensive place in the Prairie State.

For more reading on life in Milan, check out:

Milan Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in Milan. Here is how it fares on each of the criteria:

  • The Services index in Milan is 104.

  • The Groceries index in Milan is 98.

  • The Health index in Milan is 70.

  • The Housing index in Milan is 103.

  • The Transportation index in Milan is 100.

  • The Utilities index in Milan is 102.

Living Expense Milan Illinois National Average
Overall 89 98 100
Services 104 99 100
Groceries 98 99 100
Health 70 96 100
Housing 103 101 100
Transportation 100 99 100
Utilities 102 101 100

Milan Cost Of Living Compared To Illinois Averages

Services
Milan 104
Illinois avg 99
Groceries
Milan 98
Illinois avg 99
Health
Milan 70
Illinois avg 96
Housing
Milan 103
Illinois avg 101
Transportation
Milan 100
Illinois avg 99
Utilities
Milan 102
Illinois avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Illinois, check out:

Protect your home budget Compare home warranties in Milan Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Milan, IL Housing Cost Breakdown

$184,801Median Home Value
$963Median Rent
$62,597Median Income

Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Milan is $184,801.

  • The Median Rent in Milan is $963.

  • The Median Income in Milan is $62,597.

  • The Home Value To Income in Milan is 3.0x.

  • The Rent To Monthly Income in Milan is 0.18x.

Statistic Milan Illinois United States
Median Home Value $184,801 $285,735 $332,700
Median Rent $963 $1,274 $1,413
Median Income $62,597 $83,390 $80,734
Home Value To Income 3.0x 3.4x 4.1x
Rent To Monthly Income 0.18x 0.18x 0.21x

Milan, IL Costs By Category

Detailed Milan Services costs vs. Illinois
Item Milan Illinois
Shampoo $1.3 $1.28
Movie $11.85 $12.13
Bowling $18.5 $18
Haircut $27.83 $24.26
Beauty Salon $46.89 $45.56
Detailed Milan Groceries costs vs. Illinois
Item Milan Illinois
Ground Beef $5.67 $5.84
Fried Chicken $1.35 $1.57
Milk $4.63 $4.67
Potatoes $4.73 $4.93
Pizza $11.49 $12.09
Beer $9.86 $10.41
Toothpaste $3.82 $3.7
Detailed Milan Health costs vs. Illinois
Item Milan Illinois
Optometrist $134.2 $125.68
Doctor $140.02 $135.78
Dentist $93.33 $113.29
Detailed Milan Transportation costs vs. Illinois
Item Milan Illinois
Gasoline $3.37 $3.46
Tire Balancing $72.71 $59.92
Detailed Milan Utilities costs vs. Illinois
Item Milan Illinois
All Electricity $153.7 $193.99
Phone $186.06 $192.25

Milan SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 6/10
Affordability 8.5/10
Diversity 7/10
Safety 7/10
Amenities 7/10
Education 8/10
Commute 9/10

Cost Of Living In Cities Around Milan

The cost of living varies in the cities and towns around Milan. Here's a quick look at the cost of living in the most populous nearby places:

  • Davenport, IA has a cost of living index of 90, 1.0x Milan.

  • Moline, IL has a cost of living index of 91, 1.0x Milan.

  • Bettendorf, IA has a cost of living index of 104, 1.2x Milan.

City Population Cost Of Living Vs. Milan
Davenport, IA 100,913 90 1.0x
Moline, IL 42,197 91 1.0x
Bettendorf, IA 39,647 104 1.2x
Rock Island, IL 36,151 90 1.0x
East Moline, IL 20,904 91 1.0x
Silvis, IL 7,955 91 1.0x
Eldridge, IA 6,818 106 1.2x
Colona, IL 5,139 90 1.0x