Milan, IL vs Swansea, IL
There is a significant gap in the cost of living between these two cities. Milan is 23.7% cheaper than Swansea. With a cost index of 66 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milan to Swansea should plan for substantially higher expenses across most categories.
On the housing front, median rent in Milan is $817/month compared to $1,178/month in Swansea — a 31% difference. Home values follow the same pattern: Milan is more affordable at $120,300 median vs $211,700.
Median household income in Milan is $61,188 compared to $84,367 in Swansea (-27.5%). While Swansea is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Milan spend roughly 16% of their income on rent, less than the 16.8% in Swansea.
Climate-wise, Swansea is notably warmer with an average of 57.7°F compared to 51.2°F in Milan. Swansea receives more rainfall at 43.4" per year compared to 38.3" in Milan.
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Everyday Prices
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Climate
NOAA 30-year normals (1991-2020)