Cost of Living in Milan, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
128.9
100 = national avg
+28.9 vs national average
Living Wage (1 Adult)
$56,703
per year
Living Wage (Family of 4)
$134,026
per year
Cost Index by Category
Housing127.3
Food121.1
Transportation142.2
Healthcare116.9
Utilities118.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,387
per month
2 Bedroom
$1,656
per month
The overall cost of living index in Milan is 128.9, which is 28.9% above the national average. Housing costs are above the national average at an index of 127.3. A single adult needs to earn approximately $56,703 per year to cover basic expenses.