Milan, MI 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, Michigan

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 Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

97 Cost of living index 1.0x lower vs US
#121 Cheapest in Michigan (of 179)
#2,094 Cheapest in the U.S. (of 6,489)
$303,662 Median home value
$1,162 Median rent
$96,949 Median income
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What is the cost of living in Milan, MI?

According to the most recent data on the cost of living, Milan has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.

Compared to Michigan, Milan has a cost of living index that's 1.1x higher than Michigan's index of 91.

The standard of living in Milan ranks as #121 most affordable out of the 179 places we measured in Michigan. By definition, that implies Milan ranks as the #58 most expensive place in the Wolverine State.

For more reading on life in Milan, check out:

Milan Cost Of Living Vs. Michigan

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 99.

  • The Groceries index in Milan is 99.

  • The Health index in Milan is 97.

  • The Housing index in Milan is 93.

  • The Transportation index in Milan is 98.

  • The Utilities index in Milan is 105.

Living Expense Milan Michigan National Average
Overall 97 91 100
Services 99 97 100
Groceries 99 98 100
Health 97 75 100
Housing 93 98 100
Transportation 98 101 100
Utilities 105 98 100

Milan Cost Of Living Compared To Michigan Averages

Services
Milan 99
Michigan avg 97
Groceries
Milan 99
Michigan avg 98
Health
Milan 97
Michigan avg 75
Housing
Milan 93
Michigan avg 98
Transportation
Milan 98
Michigan avg 101
Utilities
Milan 105
Michigan avg 98

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

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

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

Milan, MI Housing Cost Breakdown

$303,662Median Home Value
$1,162Median Rent
$96,949Median Income

Housing swings affordability the most between places in Michigan, 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 $303,662.

  • The Median Rent in Milan is $1,162.

  • The Median Income in Milan is $96,949.

  • The Home Value To Income in Milan is 3.1x.

  • The Rent To Monthly Income in Milan is 0.14x.

Statistic Milan Michigan United States
Median Home Value $303,662 $259,857 $332,700
Median Rent $1,162 $1,129 $1,413
Median Income $96,949 $72,875 $80,734
Home Value To Income 3.1x 3.6x 4.1x
Rent To Monthly Income 0.14x 0.19x 0.21x

Milan, MI Costs By Category

Detailed Milan Services costs vs. Michigan
Item Milan Michigan
Shampoo $1.13 $1.28
Movie $12.99 $12.13
Bowling $12.33 $18
Haircut $16.8 $24.26
Beauty Salon $24.78 $45.56
Detailed Milan Groceries costs vs. Michigan
Item Milan Michigan
Ground Beef $5.75 $5.84
Fried Chicken $1.41 $1.57
Milk $4.78 $4.67
Potatoes $4.8 $4.93
Pizza $8.99 $12.09
Beer $9.04 $10.41
Toothpaste $3.66 $3.7
Detailed Milan Health costs vs. Michigan
Item Milan Michigan
Optometrist $85.0 $125.68
Doctor $103.33 $135.78
Dentist $91.0 $113.29
Detailed Milan Transportation costs vs. Michigan
Item Milan Michigan
Gasoline $3.35 $3.46
Tire Balancing $56.0 $59.92
Detailed Milan Utilities costs vs. Michigan
Item Milan Michigan
All Electricity $219.2 $193.99
Phone $184.44 $192.25

Milan SnackAbility

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

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:

  • Ann Arbor, MI has a cost of living index of 122, 1.3x Milan.

  • Romulus, MI has a cost of living index of 90, 0.9x Milan.

  • Monroe, MI has a cost of living index of 88, 0.9x Milan.

City Population Cost Of Living Vs. Milan
Ann Arbor, MI 122,036 122 1.3x
Romulus, MI 24,831 90 0.9x
Monroe, MI 20,320 88 0.9x
Ypsilanti, MI 19,857 95 1.0x
Saline, MI 9,006 109 1.1x
Tecumseh, MI 8,646 92 0.9x
South Monroe, MI 6,960 89 0.9x
Dundee, MI 5,744 95 1.0x