Zip 76556 (Milano, TX) Cost of Living


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United States / Texas / No Metro Area / Milam County / Milano / Milano (zip 76556)
How much do I need to live in Milano, Texas?
$5,100 / month
for a family, 5.6% less expensive than the national average A total of $61,200 for the year for a family.
$2,433 / month
for a single person, 49.0% less expensive than the national average A total of $29,200 for the year for a single person.

Milano cost of living score
79.1
Less expensive
20.9% lower
than the US average
16.0% lower
than the Texas average
Milano (zip 76556), Texas gets a BestPlaces Cost of Living score of 79.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.9% lower than the U.S. average and 16.0% higher than the average for Texas.

Zip 76556 (Milano, TX)

Housing costs in Milano?
A typical home costs $318,600, which is 5.8% less expensive than the national average of $338,100 and 7.1% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Milano costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 33.3% cheaper than the state average of $1,280.

Can I afford Milano?
To live comfortably in Milano (zip 76556), Texas, a minimum annual income of $61,200 for a family, and $29,200 for a single person is recommended.

What does A.I. say about Milano?
The cost of living in 76556 Milano, TX is relatively low compared to other parts of the United States. Housing prices are considerably lower than national or state averages, with the median home price in the zip code at only around $80,000. The overall cost of living index for 76556 Milano, TX is ranked as 14.2%, significantly lower than the average U.S. city of 100%. Grocery prices and transportation costs are also lower than average, making it an affordable place to live and work. The cost of utilities and health care services are also below average when compared with other zip codes in Texas. In short, 76556 Milano, TX offers a great value for those looking for affordability without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMilanoTexasUnited States
    Unlock94.2100.0
  89.6  Unlock100.0
    Unlock100.0100.0
  70.3  Unlock100.0
    Unlock$297,600$338,100
  96.4  Unlock100.0
    Unlock103.3100.0
  70.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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