What is the cost of living in Milan, TN?
According to the most recent data on the cost of living, Milan has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Milan has a cost of living index that's 0.9x lower than Tennessee's index of 94.
The standard of living in Milan ranks as #15 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Milan ranks as the #94 most expensive place in the Volunteer State.
For more reading on life in Milan, check out:
Milan Cost Of Living Vs. Tennessee
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 101.
The Groceries index in Milan is 95.
The Health index in Milan is 61.
The Housing index in Milan is 93.
The Transportation index in Milan is 94.
The Utilities index in Milan is 95.
| Living Expense | Milan | Tennessee | National Average |
|---|---|---|---|
| Overall | 87 | 94 | 100 |
| Services | 101 | 99 | 100 |
| Groceries | 95 | 96 | 100 |
| Health | 61 | 82 | 100 |
| Housing | 93 | 95 | 100 |
| Transportation | 94 | 99 | 100 |
| Utilities | 95 | 98 | 100 |
Milan Cost Of Living Compared To Tennessee Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Tennessee, 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, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, 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 $181,685.
The Median Rent in Milan is $805.
The Median Income in Milan is $43,886.
The Home Value To Income in Milan is 4.1x.
The Rent To Monthly Income in Milan is 0.22x.
Milan, TN Costs By Category
Detailed Milan Services costs vs. Tennessee
Detailed Milan Groceries costs vs. Tennessee
Detailed Milan Health costs vs. Tennessee
Detailed Milan Transportation costs vs. Tennessee
Milan SnackAbility
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:
Jackson, TN has a cost of living index of 92, 1.1x Milan.
Dyersburg, TN has a cost of living index of 89, 1.0x Milan.
Martin, TN has a cost of living index of 88, 1.0x Milan.
| City | Population | Cost Of Living | Vs. Milan |
|---|---|---|---|
| Jackson, TN | 68,435 | 92 | 1.1x |
| Dyersburg, TN | 15,979 | 89 | 1.0x |
| Martin, TN | 10,915 | 88 | 1.0x |
| Paris, TN | 10,338 | 88 | 1.0x |
| Brownsville, TN | 9,622 | 83 | 1.0x |
| Lexington, TN | 7,962 | 87 | 1.0x |
| Humboldt, TN | 7,787 | 84 | 1.0x |
| Henderson, TN | 6,411 | 84 | 1.0x |
| McKenzie, TN | 5,631 | 87 | 1.0x |
| Medina, TN | 5,407 | 97 | 1.1x |
