Median Income
$51,842
household / year
Median Home Value
$82,100
owner-occupied
Median Rent
$726
gross / month
Cost of Living
88
national avg = 100

Is Milan, MO a Good Place to Live?

Milan is a small town of 1,989 in Missouri, with a median household income of $51,842 and a 4.4% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Milan stands out for an affordable cost of living, below-average home prices, lower-than-average crime, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Milan is right for you depends on your priorities — the full breakdown is below.

All Milan city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 87.9

Milan's overall cost of living index is 87.9, where 100 represents the US national average. Living in Milan costs roughly 12% less than the average American city.

Metric Milan, MO National Avg
Median Home Value $82,100 $244,900
Median Monthly Rent $726 $1,163
Homeownership Rate 57.8% 65.9%
Median Household Income $51,842 $74,755

Crime & Safety

Very Safe

Milan's violent crime rate is 114.9 per 100,000 residents — 70% lower than the national average of ~380 per 100,000.

Violent Crime
114.9 /100k
Property Crime
632.2 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Milan is served primarily by MILAN C-2.

Metric Milan, MO National Avg
School District MILAN C-2 —
Elementary Schools 1 —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 10.7% 35.4%
High School Diploma or Higher 78.4% 91.1%

Weather & Climate

Milan sees average highs of 32.0°F in January and 84.9°F in July, with 40.8 inches of annual precipitation and 17.0 inches of snow per year.

MetricMilan, MO
Average High — January32.0°F
Average High — July84.9°F
Annual Precipitation40.8"
Annual Snowfall17.0"

Demographics

MetricMilan, MONational Avg
Population1,989—
Median Age41.338.9
Unemployment Rate4.4%3.7%
Avg Commute Time13.6 min26 min
White (non-Hispanic)63.0%59.3%
Black or African American8.8%13.6%
Hispanic or Latino25.2%18.9%
Asian2.0%6.3%
Under 1824.0%22.2%
65 and over15.6%16.8%

Nearby Cities

ZIP Codes in Milan

Milan, MO is covered by 1 ZIP code:

Milan vs Other Cities

Frequently Asked Questions

Milan's cost of living index is 88, where 100 is the national average. That makes Milan roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $82,100 and median rent is $726/month.
Milan's violent crime rate is 114.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 632.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Milan are operated by MILAN C-2. The district has 1 elementary, several middle, and 1 high schools. 10.7% of adults 25+ hold a bachelor's degree or higher.
Milan, MO has a population of 1,989, a median household income of $51,842, and an unemployment rate of 4.4%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Milan averages 32.0°F in January and 84.9°F in July. Annual rainfall is 40.8 inches with about 17.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Milan, MO is covered by 1 ZIP code: 63556.
The population of Milan, Missouri is 1,989 with a median age of 41.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Milan: cost of living index 88 (100 = US average), median home $82,100, median household income $51,842, crime index 30 (100 = US average, lower is safer), schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Milan side by side with your current city to see the trade-offs.