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Milan, IN vs Porter, IN

72
Milan
Indiana
VS
-22.4%
92
Porter
Indiana

There is a significant gap in the cost of living between these two cities. Milan is 22.4% cheaper than Porter. With a cost index of 72 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milan to Porter should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milan is $906/month compared to $1,161/month in Porter — a 22% difference. Home values follow the same pattern: Milan is more affordable at $136,400 median vs $259,700.

Median household income in Milan is $54,688 compared to $74,155 in Porter (-26.3%). While Porter 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 19.9% of their income on rent, more than the 18.8% in Porter.

Income & Cost

Cost of Living Index
Milan
72
22% cheaper
Porter
92
Median Household Income
Milan
$54,688
Porter
$74,155
26% higher

Housing

Median Rent
Milan
$906
22% cheaper
Porter
$1,161
Median Home Value
Milan
$136,400
47% cheaper
Porter
$259,700
Population
Milan
1,775
Porter
5,208

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Milan $2.89
Porter $3.20
US $3.07
🥚
Eggs (grade A, large)
Milan $2.36
Porter $2.61
US $2.50
🥛
Milk (whole)
Milan $3.80
Porter $4.20
US $4.03
🍞
Bread (white)
Milan $1.75
Porter $1.93
US $1.85
🍗
Chicken breast
Milan $3.91
Porter $4.32
US $4.14
Electricity
Milan $0.17
Porter $0.15
US $0.19