Alba, MO vs Milan, MO

Alba, MO and Milan, MO have a very similar cost of living, with only a 3.2% difference in their overall index. Alba scores 63 while Milan scores 61 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Alba is $843/month compared to $699/month in Milan — a 21% difference. Interestingly, home values tell a different story: while Milan has cheaper rent, Alba actually has lower median home values ($87,000 vs $89,700).

Median household income in Alba is $50,662 compared to $52,647 in Milan (-3.8%). Milan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Alba spend roughly 20% of their income on rent, more than the 15.9% in Milan.