Milan, IL vs Steeleville, IL
Milan is moderately more affordable than Steeleville, with a 5.7% lower cost of living index. Milan scores 66 compared to 70 for Steeleville, where the US average is 100. This difference means residents of Steeleville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Milan is $817/month compared to $775/month in Steeleville — a 5% difference. Interestingly, home values tell a different story: while Steeleville has cheaper rent, Milan actually has lower median home values ($120,300 vs $155,100).
Median household income in Milan is $61,188 compared to $60,982 in Steeleville (+0.3%). 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, more than the 15.3% in Steeleville.
Climate-wise, Steeleville is notably warmer with an average of 56.4°F compared to 51.2°F in Milan. Steeleville receives more rainfall at 44" per year compared to 38.3" in Milan.
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