Caruthersville, MO vs Milan, MO

Milan is moderately more affordable than Caruthersville, with a 7.5% lower cost of living index. Caruthersville scores 65 compared to 61 for Milan, where the US average is 100. This difference means residents of Caruthersville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Caruthersville is $771/month compared to $699/month in Milan — a 10% difference. Home values follow the same pattern: Milan is more affordable at $89,700 median vs $118,700.

Median household income in Caruthersville is $35,903 compared to $52,647 in Milan (-31.8%). 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 Caruthersville spend roughly 25.8% of their income on rent, more than the 15.9% in Milan.