Milan, MO vs Odessa, MO

There is a significant gap in the cost of living between these two cities. Milan is 24.4% cheaper than Odessa. With a cost index of 61 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milan to Odessa should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milan is $699/month compared to $998/month in Odessa — a 30% difference. Home values follow the same pattern: Milan is more affordable at $89,700 median vs $209,600.

Median household income in Milan is $52,647 compared to $85,592 in Odessa (-38.5%). While Odessa 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 15.9% of their income on rent, more than the 14% in Odessa.