Milan, IL Cost Of Living

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Updated: 2020-03-08
Milan's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Milan is expensive, while a number below 100 means it's a relatively cheap place to live.

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 86 which is 0.9x lower than the national index of 100.

Compared to only 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 #959 most affordable out of the 6522 places we measured in Illinois. By definition, that implies Milan ranks as the #5447 most expensive place in the Prairie State.

For more reading on life in Milan, check out:

Milan Cost Of Living Vs. Illinois

Living Expense Milan Illinois National Average
Overall 86 98 100
Services 94 98 100
Groceries 103 97 100
Health 103 100 100
Housing 55 95 100
Transportation 113 112 100
Utilities 99 97 100
For more reading on cost of living around Illinois, check out:
Milan Cost of Living Vs. IL

Milan, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Milan Illinois United States
Median Home Value $101,300 $187,200 $204,900
Median Rent $699 $984 $1,023
Median Income $44,732 $63,575 $60,293
Home Value To Income 2.3x 2.9x 3.4x
Rent To Monthly Income 0.19x 0.19x 0.2x

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Cost Of Living In Cities Around Milan

City Population Cost Of Living Vs. Milan
Davenport, IA 102,318 90 1.0x
Moline, IL 42,364 89 1.0x
Rock Island, IL 38,354 87 1.0x
Bettendorf, IA 35,793 100 1.2x
East Moline, IL 21,373 88 1.0x
Silvis, IL 7,553 89 1.0x
Eldridge, IA 6,399 100 1.2x

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