Housing costs in Milan?
A typical home costs
$482,300, which is 42.7% more expensive than the national average of
$338,100 and 16.6% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Milan costs
$1,560 per month, which is 9.1% more than the national average of
$1,430 and 25.6% cheaper than the state average of
$1,960.
Can I afford Milan?
To live comfortably in Milan, New York, a minimum annual income of
$92,520 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Milan?
The cost of living in Milan, NY is fairly moderate. Residents can expect to pay an average of $1,065 per month for housing costs and about $460 for all other expenses such as groceries, transportation, and utilities. The cost of living is slightly higher than the national average but still quite affordable. Other factors that contribute to the cost of living include taxes – New York State has a higher than average income tax rate – and access to amenities. Although Milan is located in a rural area with limited access to major city attractions, there are plenty of outdoor activities nearby for those looking for more affordable entertainment options.