De Soto, IL vs Milan, IL

De Soto, IL and Milan, IL have a very similar cost of living, with only a 3.4% difference in their overall index. De Soto scores 64 while Milan scores 66 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 De Soto is $749/month compared to $817/month in Milan — a 8% difference. Home values follow the same pattern: De Soto is more affordable at $88,800 median vs $120,300.

Median household income in De Soto is $52,131 compared to $61,188 in Milan (-14.8%). 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 De Soto spend roughly 17.2% of their income on rent, more than the 16% in Milan.