Housing costs in Milan?
A typical home costs
$97,100, which is 71.3% less expensive than the national average of
$338,100 and 68.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Milan costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 67.6% cheaper than the state average of
$1,240.
Can I afford Milan?
To live comfortably in Milan, Minnesota, a minimum annual income of
$18,720 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Milan?
The cost of living in Milan, MN is relatively low compared to other places in the United States. The median home price is around $184,400 and the median household income is around $60,389. Renters can find a two-bedroom apartment for around $700 per month. In addition, groceries are relatively inexpensive with an average grocery bill of about $95 per week for a family of four. Overall, Milan offers residents a good quality of life at an affordable cost.