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Knightstown, IN vs Medaryville, IN

67
Knightstown
Indiana
VS
+1.2%
66
Medaryville
Indiana

Knightstown, IN and Medaryville, IN have a very similar cost of living, with only a 1.2% difference in their overall index. Knightstown scores 67 while Medaryville scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Knightstown is $805/month compared to $800/month in Medaryville — a 1% difference. Home values follow the same pattern: Medaryville is more affordable at $73,700 median vs $121,500.

Median household income in Knightstown is $44,655 compared to $82,632 in Medaryville (-46%). Medaryville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Knightstown spend roughly 21.6% of their income on rent, more than the 11.6% in Medaryville.

Income & Cost

Cost of Living Index
Knightstown
67
Medaryville
66
1% cheaper
Median Household Income
Knightstown
$44,655
Medaryville
$82,632
46% higher

Housing

Median Rent
Knightstown
$805
Medaryville
$800
1% cheaper
Median Home Value
Knightstown
$121,500
Medaryville
$73,700
39% cheaper
Population
Knightstown
2,154
Medaryville
749

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Knightstown
Medaryville $3.20
US $3.07
🥚
Eggs (grade A, large)
Knightstown
Medaryville $2.61
US $2.50
🥛
Milk (whole)
Knightstown
Medaryville $4.20
US $4.03
🍞
Bread (white)
Knightstown
Medaryville $1.93
US $1.85
🍗
Chicken breast
Knightstown
Medaryville $4.32
US $4.14
Electricity
Knightstown
Medaryville $0.15
US $0.19