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Coalfield, TN vs Milan, TN

81
Coalfield
Tennessee
VS
+25.9%
65
Milan
Tennessee

There is a significant gap in the cost of living between these two cities. Milan is 25.9% cheaper than Coalfield. With a cost index of 65 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milan to Coalfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Coalfield is $1,104/month compared to $802/month in Milan — a 38% difference. Home values follow the same pattern: Milan is more affordable at $121,400 median vs $190,600.

Median household income in Coalfield is $88,026 compared to $45,608 in Milan (+93%). While Coalfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Coalfield spend roughly 15.1% of their income on rent, less than the 21.1% in Milan.

Income & Cost

Cost of Living Index
Coalfield
81
Milan
65
21% cheaper
Median Household Income
Coalfield
$88,026
48% higher
Milan
$45,608

Housing

Median Rent
Coalfield
$1,104
Milan
$802
27% cheaper
Median Home Value
Coalfield
$190,600
Milan
$121,400
36% cheaper
Population
Coalfield
2,782
Milan
8,194

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Coalfield $2.89
Milan $2.89
US $3.07
🥚
Eggs (grade A, large)
Coalfield $2.36
Milan $2.36
US $2.50
🥛
Milk (whole)
Coalfield $3.80
Milan $3.80
US $4.03
🍞
Bread (white)
Coalfield $1.74
Milan $1.74
US $1.85
🍗
Chicken breast
Coalfield $3.91
Milan $3.91
US $4.14
Electricity
Coalfield $0.15
Milan $0.14
US $0.19