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Milan, TN vs Tazewell, TN

65
Milan
Tennessee
VS
-5.5%
68
Tazewell
Tennessee

Milan is moderately more affordable than Tazewell, with a 5.5% lower cost of living index. Milan scores 65 compared to 68 for Tazewell, where the US average is 100. This difference means residents of Tazewell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milan is $802/month compared to $748/month in Tazewell — a 7% difference. Interestingly, home values tell a different story: while Tazewell has cheaper rent, Milan actually has lower median home values ($121,400 vs $163,900).

Median household income in Milan is $45,608 compared to $41,852 in Tazewell (+9%). Milan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Milan spend roughly 21.1% of their income on rent, less than the 21.4% in Tazewell.

Income & Cost

Cost of Living Index
Milan
65
5% cheaper
Tazewell
68
Median Household Income
Milan
$45,608
8% higher
Tazewell
$41,852

Housing

Median Rent
Milan
$802
Tazewell
$748
7% cheaper
Median Home Value
Milan
$121,400
26% cheaper
Tazewell
$163,900
Population
Milan
8,194
Tazewell
2,864

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Milan $2.89
Tazewell $2.89
US $3.07
🥚
Eggs (grade A, large)
Milan $2.36
Tazewell $2.36
US $2.50
🥛
Milk (whole)
Milan $3.80
Tazewell $3.80
US $4.03
🍞
Bread (white)
Milan $1.74
Tazewell $1.74
US $1.85
🍗
Chicken breast
Milan $3.91
Tazewell $3.91
US $4.14
Electricity
Milan $0.14
Tazewell $0.15
US $0.19