Hamilton, IN vs Sharpsville, IN
Sharpsville is moderately more affordable than Hamilton, with a 14.9% lower cost of living index. Hamilton scores 83 compared to 72 for Sharpsville, where the US average is 100. This difference means residents of Hamilton can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Hamilton is $929/month compared to $958/month in Sharpsville — a 3% difference. Interestingly, home values tell a different story: while Hamilton has cheaper rent, Sharpsville actually has lower median home values ($117,800 vs $265,600).
Median household income in Hamilton is $66,884 compared to $90,978 in Sharpsville (-26.5%). Sharpsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hamilton spend roughly 16.7% of their income on rent, more than the 12.6% in Sharpsville.
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