Cost of Living in Milano, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.2
100 = national avg
-18.8 vs national average
Living Wage (1 Adult)
$35,749
per year
Living Wage (Family of 4)
$84,497
per year
Cost Index by Category
Housing49.4
Food100.0
Transportation99.9
Healthcare100.0
Utilities89.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$790
per month
2 Bedroom
$1,037
per month
The overall cost of living index in Milano is 81.2, which is 18.8% below the national average. Housing costs are below the national average at an index of 49.4. A single adult needs to earn approximately $35,749 per year to cover basic expenses.