Milan, NM vs Raton, NM

Milan is moderately more affordable than Raton, with a 5.2% lower cost of living index. Milan scores 63 compared to 67 for Raton, where the US average is 100. This difference means residents of Raton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milan is $828/month compared to $734/month in Raton — a 13% difference. Interestingly, home values tell a different story: while Raton has cheaper rent, Milan actually has lower median home values ($71,300 vs $148,200).

Median household income in Milan is $37,551 compared to $52,007 in Raton (-27.8%). While Raton 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 26.5% of their income on rent, more than the 16.9% in Raton.