Milan, IL vs Mount Vernon, IL

Milan, IL and Mount Vernon, IL have a very similar cost of living, with only a 3.2% difference in their overall index. Milan scores 66 while Mount Vernon scores 68 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 Milan is $817/month compared to $893/month in Mount Vernon — a 9% difference. Interestingly, home values tell a different story: while Milan has cheaper rent, Mount Vernon actually has lower median home values ($89,700 vs $120,300).

Median household income in Milan is $61,188 compared to $52,751 in Mount Vernon (+16%). 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 Milan spend roughly 16% of their income on rent, less than the 20.3% in Mount Vernon.

Climate-wise, Mount Vernon is notably warmer with an average of 56.4°F compared to 51.2°F in Milan. Mount Vernon receives more rainfall at 44" per year compared to 38.3" in Milan.