Milan, TN vs Sevierville, TN

There is a significant gap in the cost of living between these two cities. Milan is 21.6% cheaper than Sevierville. With a cost index of 65 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milan to Sevierville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milan is $802/month compared to $1,000/month in Sevierville — a 20% difference. Home values follow the same pattern: Milan is more affordable at $121,400 median vs $264,000.

Median household income in Milan is $45,608 compared to $55,106 in Sevierville (-17.2%). The higher salaries in Sevierville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Milan spend roughly 21.1% of their income on rent, less than the 21.8% in Sevierville.