Bean Station, TN vs Milan, TN

Bean Station, TN and Milan, TN have a very similar cost of living, with only a 3.5% difference in their overall index. Bean Station scores 67 while Milan scores 65 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 Bean Station is $720/month compared to $802/month in Milan — a 10% difference. Interestingly, home values tell a different story: while Bean Station has cheaper rent, Milan actually has lower median home values ($121,400 vs $156,400).

Median household income in Bean Station is $50,114 compared to $45,608 in Milan (+9.9%). While Bean Station is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bean Station spend roughly 17.2% of their income on rent, less than the 21.1% in Milan.