Cost of Living in Milan, IL
Population 5,037 · Illinois · Data vintage 2023
(100 = US avg)
Milan sits on the smaller end of the Illinois city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.2% points to a labor market well on the tight side of the national distribution.
Located 9 miles south of Davenport, Milan falls within that metro's commuting orbit. Median home values run roughly 26% lower than Davenport's $163,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Milan
The median home value in Milan is $120,300 — 61% below the national median of $305,000. Median rent runs $817/month, 38% lower than the national median of $1,314/month. The median household income of $61,188/year is 18% lower than the US median of $74,580. The local unemployment rate is 1.2%, below the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. The climate averages highs of 61.5°F and lows of 40.9°F, with about 36.1" of annual snowfall. Overall, Milan has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.
Milan has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 37 | 50 | 63 | 74 | 83 | 86 | 84 | 78 | 65 | 50 | 37 |
| Low °F | 15 | 19 | 30 | 40 | 51 | 61 | 65 | 63 | 54 | 43 | 31 | 21 |
| Precip" | 1.66 | 1.83 | 2.62 | 3.81 | 4.67 | 5.01 | 4.23 | 3.97 | 3.32 | 2.81 | 2.30 | 2.04 |
| Snow" | 10.8 | 8.6 | 4.4 | 1.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 2.1 | 8.8 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Milan, IL?
Milan has a cost index of 49 (100 = national average). It is 51% below the national average.
What is average rent in Milan, IL?
The median gross rent in Milan is $817 per month based on 2023 Census data.
What is the average home price in Milan?
The median home value in Milan is $120,300 according to Zillow and Census data.
What is the median income in Milan?
The median household income in Milan is $61,188 per year (2023 ACS 5-year estimates).
What is the sales tax in Milan, IL?
The combined state and local sales tax rate in Milan is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Milan, IL affordable?
Yes, Milan is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.
What is the weather like in Milan?
Milan has average high temperatures of 61.5°F and average lows of 40.9°F. Annual precipitation is 38.3". Average annual snowfall is 36.1". Data from NOAA 1991–2020 Climate Normals.
Milan at a Glance
- Population
- 5,037
- Median Income
- $61,188
- Home Value
- $120,300
- Median Rent
- $817/mo
- Unemployment
- 1.2%
- Avg High Temp
- 61.5°F
- Sales Tax
- 8.7%
Nearby Cities
Explore county-level cost of living data
Illinois Rankings
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