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Cynthiana, IN vs Milford, IN

57
Cynthiana
Indiana
VS
-24.1%
75
Milford
Indiana

There is a significant gap in the cost of living between these two cities. Cynthiana is 24.1% cheaper than Milford. With a cost index of 57 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cynthiana to Milford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cynthiana is $525/month compared to $1,038/month in Milford — a 49% difference. Home values follow the same pattern: Cynthiana is more affordable at $115,600 median vs $135,300.

Median household income in Cynthiana is $75,625 compared to $52,014 in Milford (+45.4%). Cynthiana offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cynthiana spend roughly 8.3% of their income on rent, less than the 23.9% in Milford.

Income & Cost

Cost of Living Index
Cynthiana
57
24% cheaper
Milford
75
Median Household Income
Cynthiana
$75,625
31% higher
Milford
$52,014

Housing

Median Rent
Cynthiana
$525
49% cheaper
Milford
$1,038
Median Home Value
Cynthiana
$115,600
15% cheaper
Milford
$135,300
Population
Cynthiana
663
Milford
1,955

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cynthiana $2.91
Milford $2.91
US $3.07
🥚
Eggs (grade A, large)
Cynthiana $2.37
Milford $2.37
US $2.50
🥛
Milk (whole)
Cynthiana $3.82
Milford $3.82
US $4.03
🍞
Bread (white)
Cynthiana $1.75
Milford $1.75
US $1.85
🍗
Chicken breast
Cynthiana $3.93
Milford $3.93
US $4.14
Electricity
Cynthiana $0.16
Milford $0.16
US $0.19