Photo: AlexiusHoratius · CC BY-SA 3.0Measured against area pay, Milan costs more to live in than 75% of U.S. towns
Down 2.3% in a year, 47% below the New Hampshire typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of Coos County, NH ($58K). How TownRatings grades cost of living
The grade compares costs with what households across Coos County earn ($58K, Census 2020–24). Even so, the typical home costs 4.5 years of area income, and 17% of renters pay 30% or more of income for housing.
In dollars
- $270Ktypical home, 47% below the New Hampshire typical homeZillow, September 2026
- $1,480a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 4.5 yrsof area income buys the typical home; the typical U.S. town: 3.3$58K, Coos County income
- 18%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 24%of owners do; the typical U.S. town: 20%Census 2020–24
The short version on homes in Milan
Slipping while New Hampshire rises
Over the past year the typical Milan home lost 2.3%, while the New Hampshire typical home gained 2.9%. Price trend ↓
A median income goes further next door
At Milan’s median income, the calculator’s budget of about $254K falls short here but covers the typical home in Berlin ($184K). Can I afford it? ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Milan’s grade
Measured against what households in the area earn, Milan is more affordable than 25% of U.S. towns. Property tax pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Values have lagged New Hampshire: the typical Milan home is up 25.4% in five years, against 36.2% statewide (Zillow).
Up 25.4% in five years
Slower than New Hampshire (36.2%).
Show as a table
| January | Milan | New Hampshire |
|---|---|---|
| 2017 | $122,000 | $246,000 |
| 2018 | $133,000 | $263,000 |
| 2019 | $141,000 | $277,000 |
| 2020 | $148,000 | $292,000 |
| 2021 | $174,000 | $334,000 |
| 2022 | $223,000 | $382,000 |
| 2023 | $257,000 | $428,000 |
| 2024 | $267,000 | $462,000 |
| 2025 | $279,000 | $491,000 |
| 2026 | $274,000 | $504,000 |
| September 2026 | $270,000 | $511,000 |
A typical Milan home worth $120K in October 2016 is worth about $270K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 4.5 years of area income
The calculator starts from the area income the grade uses. Switch to Milan’s own median, or type yours.
That’s $59K short of a typical Milan home.
A two-bedroom rents for about $1,480 a month here, $250 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Milan’s typical property tax (1.42% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,480
Renters already here pay a median of $878, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Coos County, NH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
8 new homes permitted in 2025
Builders were permitted 8 new homes in Milan in 2025, all single-family houses, worth about $2.5 million to build. That's 6 per 1,000 residents, faster than across New Hampshire (3.7). Over the past 10 years, Milan has permitted 34 homes in all.
Between the 2010 and 2020 censuses, Milan gained 21 residents while 21 new homes were permitted: about 1 new resident per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. 18% of Milan's homes are seasonal or vacation homes, which adds housing without adding residents. Across New Hampshire: 1.8 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $1.2 million |
| 2025 | 8 | 8 | 0 | $2.5 million |
| 2024 | 1 | 1 | 0 | $279,000 |
| 2023 | 1 | 1 | 0 | $301,000 |
| 2022 | 7 | 7 | 0 | $2 million |
| 2021 | 2 | 2 | 0 | $356,000 |
| 2020 | 5 | 5 | 0 | $284,000 |
| 2019 | 4 | 4 | 0 | $227,000 |
| 2018 | 4 | 4 | 0 | $227,000 |
| 2017 | 1 | 1 | 0 | $80,000 |
| 2016 | 1 | 1 | 0 | $90,000 |
| 2015 | 1 | 1 | 0 | $20,000 |
| 2014 | 3 | 3 | 0 | $300,000 |
| 2013 | 1 | 1 | 0 | $50,000 |
| 2012 | 3 | 3 | 0 | $110,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 3 | 3 | 0 | $370,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 4 | 4 | 0 | $490,000 |
| 2007 | 7 | 7 | 0 | $1.4 million |
| 2006 | 5 | 5 | 0 | $895,000 |
| 2005 | 13 | 11 | 2 | $1.4 million |
| 2004 | 5 | 3 | 2 | $289,000 |
| 2003 | 9 | 9 | 0 | $1.4 million |
| 2002 | 8 | 8 | 0 | $960,000 |
| 2001 | 6 | 6 | 0 | $400,000 |
| 2000 | 11 | 7 | 4 | $606,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the New Hampshire norm
The median bill is $3,674 (New Hampshire: $6,667), 1.42% of a home’s value a year, against 1.66% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Milan
Only figures published free for the whole country, each labeled with the area it covers: New Hampshire, or New Hampshire. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Electricity cents per kWh, homes | 26.6¢ | U.S. 18.3¢ | state | EIA, July 2026 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Milan vs. its neighbors
Of the 4 towns here with a Zillow value, Milan has the 3rd-lowest.
Cost next door · one source per column
Questions about the cost of living in Milan
Is Milan expensive to live in?
Measured against what households in the area earn, Milan costs more than 75% of U.S. towns: a C− for cost of living. The typical home costs 4.5 years of the median household income of Coos County, NH ($58K).
How much does a house cost in Milan?
About $270K, Zillow’s typical value for September 2026, down 2.3% in a year. The New Hampshire typical home is $511K.
What salary do you need to live in Milan?
To buy the typical home with 20% down at 6.3%, about $74,000 a year, keeping the payment (about $1,730 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $59,000.
How much is rent in Milan?
HUD puts a two-bedroom at about $1,480 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $878 (Census 2020–24).
What are property taxes in Milan?
The median bill is $3,674 a year, 1.42% of the median home value (New Hampshire: $6,667, 1.66%), from the Census 2020–24.
Are home prices in Milan going up?
No: down 2.3% in the past year and 25.4% in five years, against 36.2% across New Hampshire (Zillow).
Neighbors talk housing
What Milan buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.