Knightstown, IN vs Walton, IN

Walton is moderately more affordable than Knightstown, with a 13.5% lower cost of living index. Knightstown scores 67 compared to 59 for Walton, where the US average is 100. This difference means residents of Knightstown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Knightstown is $805/month compared to $630/month in Walton — a 28% difference. Home values follow the same pattern: Walton is more affordable at $89,200 median vs $121,500.

Median household income in Knightstown is $44,655 compared to $46,176 in Walton (-3.3%). Walton 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 16.4% in Walton.