Milan, NM vs Taos, NM

The cost of living difference between Milan, NM and Taos, NM is dramatic. Milan is 33.8% cheaper than Taos, a gap that translates to thousands of dollars per year in household expenses. Milan has a cost index of 63 while Taos sits at 95, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Milan is $828/month compared to $915/month in Taos — a 10% difference. Home values follow the same pattern: Milan is more affordable at $71,300 median vs $432,700.

Median household income in Milan is $37,551 compared to $46,579 in Taos (-19.4%). The higher salaries in Taos partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Milan spend roughly 26.5% of their income on rent, more than the 23.6% in Taos.