Cost of Living in Milan, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.8
100 = national avg
-22.2 vs national average
Living Wage (1 Adult)
$34,219
per year
Living Wage (Family of 4)
$80,882
per year
Cost Index by Category
Housing76.3
Food84.9
Transportation69.7
Healthcare87.9
Utilities86.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$706
per month
2 Bedroom
$927
per month
The overall cost of living index in Milan is 77.8, which is 22.2% below the national average. Housing costs are below the national average at an index of 76.3. A single adult needs to earn approximately $34,219 per year to cover basic expenses.