Median Income
$36,433
household / year
Median Home Value
$46,900
owner-occupied
Median Rent
$831
gross / month
Cost of Living
86
national avg = 100

Is Milan, NM a Good Place to Live?

Milan is a small town of 2,375 in New Mexico, with a median household income of $36,433 and a 17.4% unemployment rate. Its cost of living index is 86 (US average = 100), which is 14% below the national average.

Strengths: Milan stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. 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: 86.0

Milan's overall cost of living index is 86.0, where 100 represents the US national average. Living in Milan costs roughly 14% less than the average American city.

Metric Milan, NM National Avg
Median Home Value $46,900 $244,900
Median Monthly Rent $831 $1,163
Homeownership Rate 57.7% 65.9%
Median Household Income $36,433 $74,755

Crime & Safety

Very Safe

Milan's violent crime rate is 203.6 per 100,000 residents — 46% lower than the national average of ~380 per 100,000.

Violent Crime
203.6 /100k
Property Crime
936.5 /100k

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

Schools & Education

Milan is served primarily by GRANTS. The student-to-teacher ratio is 9.4:1 (better than the national average of ~16:1).

Metric Milan, NM National Avg
School District GRANTS
Elementary Schools 7
Middle Schools 2
High Schools 3
Student/Teacher Ratio 9.4:1 16:1
Bachelor's Degree or Higher 14.6% 35.4%
High School Diploma or Higher 78.4% 91.1%

Weather & Climate

Milan sees average highs of 46.6°F in January and 88.1°F in July, with 11.2 inches of annual precipitation and 7.9 inches of snow per year.

MetricMilan, NM
Average High — January46.6°F
Average High — July88.1°F
Annual Precipitation11.2"
Annual Snowfall7.9"

Demographics

MetricMilan, NMNational Avg
Population2,375
Median Age44.238.9
Unemployment Rate17.4%3.7%
Avg Commute Time13.1 min26 min
White (non-Hispanic)51.6%59.3%
Black or African American0.4%13.6%
Hispanic or Latino24.0%18.9%
Asian0.0%6.3%
Under 1819.2%22.2%
65 and over15.2%16.8%

Nearby Cities

ZIP Codes in Milan

Milan, NM is covered by 1 ZIP code:

Milan vs Other Cities

Frequently Asked Questions

Milan's cost of living index is 86, where 100 is the national average. That makes Milan roughly 14% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $46,900 and median rent is $831/month.
Milan's violent crime rate is 203.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 936.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Milan are operated by GRANTS. The district has 7 elementary, 2 middle, and 3 high schools. The student-to-teacher ratio is 9.4:1. 14.6% of adults 25+ hold a bachelor's degree or higher.
Milan, NM has a population of 2,375, a median household income of $36,433, and an unemployment rate of 17.4%. 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 46.6°F in January and 88.1°F in July. Annual rainfall is 11.2 inches with about 7.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Milan, NM is covered by 1 ZIP code: 87021.
The population of Milan, New Mexico is 2,375 with a median age of 44.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Milan: cost of living index 86 (100 = US average), median home $46,900, median household income $36,433, crime index 50 (100 = US average, lower is safer), schools rated B. 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.