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Hawk Point, MO vs Milan, MO

71
Hawk Point
Missouri
VS
+17.6%
61
Milan
Missouri

There is a significant gap in the cost of living between these two cities. Milan is 17.6% cheaper than Hawk Point. With a cost index of 61 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milan to Hawk Point should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hawk Point is $935/month compared to $699/month in Milan — a 34% difference. Home values follow the same pattern: Milan is more affordable at $89,700 median vs $117,500.

Median household income in Hawk Point is $49,205 compared to $52,647 in Milan (-6.5%). 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 Hawk Point spend roughly 22.8% of their income on rent, more than the 15.9% in Milan.

Income & Cost

Cost of Living Index
Hawk Point
71
Milan
61
15% cheaper
Median Household Income
Hawk Point
$49,205
Milan
$52,647
7% higher

Housing

Median Rent
Hawk Point
$935
Milan
$699
25% cheaper
Median Home Value
Hawk Point
$117,500
Milan
$89,700
24% cheaper
Population
Hawk Point
630
Milan
1,883

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hawk Point $3.03
Milan
US $3.07
🥚
Eggs (grade A, large)
Hawk Point $2.47
Milan
US $2.50
🥛
Milk (whole)
Hawk Point $3.97
Milan
US $4.03
🍞
Bread (white)
Hawk Point $1.83
Milan
US $1.85
🍗
Chicken breast
Hawk Point $4.09
Milan
US $4.14
Electricity
Hawk Point $0.15
Milan
US $0.19