The cost of living index in Milan, MI, shows a varied picture compared to the nationwide average, which is set at 100. Housing costs 20% less, while groceries are 10% cheaper. Utilities and transportation are slightly below the average, at 5% and 15% less, respectively. Healthcare costs match the national average, and miscellaneous expenses are 12% lower. Overall, Milan offers a more affordable living experience in several key areas.
The cost of living in Milan, MI, presents a favorable picture compared to the nationwide average. Housing costs in Milan stand at 80, which is 20% lower than the national average. This means that residents can expect to spend less on rent or mortgage payments, making housing more affordable. Groceries in Milan are priced at 90, which is 10% lower than the average, offering some savings on everyday food items. Utilities, at 95, are just 5% above the national average, indicating minimal extra expense on services like electricity and water.
Transportation costs in Milan are at 85, which is 15% less than the nationwide average. This suggests that commuting and other transportation-related expenses are more budget-friendly. Healthcare costs remain at par with the national average at 100, meaning there is no significant difference in medical expenses. The miscellaneous cost of living index in Milan is 88, which is 12% below the average, indicating lower spending on other goods and services. Overall, Milan offers a cost of living that is notably lower than the national average, making it an attractive option for those seeking affordability without sacrificing quality of life.