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Dresden, TN vs Milan, TN

63
Dresden
Tennessee
VS
-2.7%
65
Milan
Tennessee

Dresden, TN and Milan, TN have a very similar cost of living, with only a 2.7% difference in their overall index. Dresden scores 63 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 Dresden is $731/month compared to $802/month in Milan — a 9% difference. Home values follow the same pattern: Dresden is more affordable at $104,200 median vs $121,400.

Median household income in Dresden is $50,998 compared to $45,608 in Milan (+11.8%). Dresden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dresden spend roughly 17.2% of their income on rent, less than the 21.1% in Milan.

Income & Cost

Cost of Living Index
Dresden
63
3% cheaper
Milan
65
Median Household Income
Dresden
$50,998
11% higher
Milan
$45,608

Housing

Median Rent
Dresden
$731
9% cheaper
Milan
$802
Median Home Value
Dresden
$104,200
14% cheaper
Milan
$121,400
Population
Dresden
2,974
Milan
8,194

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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