Housing costs in Milan?
A typical home costs
$141,700, which is 58.1% less expensive than the national average of
$338,100 and 48.9% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Milan costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 42.7% cheaper than the state average of
$1,070.
Can I afford Milan?
To live comfortably in Milan, Tennessee, a minimum annual income of
$27,000 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Milan?
The cost of living in Milan, TN is relatively low compared to the national average. In general, housing costs in the area are quite reasonable. Average rent for a two-bedroom apartment can range from $650 - $800 per month. Utilities tend to be affordable as well, and goods and services remain lower cost than many other parts of the country. Overall, Milan is a great place to live with its combination of peaceful rural living and close proximity to major cities like Nashville and Memphis.