Housing costs in Milan?
A typical home costs
$79,700, which is 76.4% less expensive than the national average of
$338,100 and 62.5% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Milan costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 43.9% cheaper than the state average of
$950.
Can I afford Milan?
To live comfortably in Milan, Missouri, a minimum annual income of
$15,120 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Milan?
The cost of living in Milan, MO is relatively low overall. The median home value is around $75,000, which is significantly less than the US national median of around $200,000. Rent for a one bedroom apartment averages to about $500 per month and groceries are generally affordable as well. Overall, living expenses in Milan are quite reasonable compared to other cities and towns in the area.