Carrier Mills, IL vs Milan, IL

There is a significant gap in the cost of living between these two cities. Carrier Mills is 17.7% cheaper than Milan. With a cost index of 54 vs 66, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrier Mills to Milan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carrier Mills is $525/month compared to $817/month in Milan — a 36% difference. Home values follow the same pattern: Carrier Mills is more affordable at $57,300 median vs $120,300.

Median household income in Carrier Mills is $50,269 compared to $61,188 in Milan (-17.8%). While Milan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carrier Mills spend roughly 12.5% of their income on rent, less than the 16% in Milan.