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Markle, IN vs Sheridan, IN

65
Markle
Indiana
VS
-9.2%
72
Sheridan
Indiana

Markle is moderately more affordable than Sheridan, with a 9.2% lower cost of living index. Markle scores 65 compared to 72 for Sheridan, where the US average is 100. This difference means residents of Sheridan can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Markle is $750/month compared to $788/month in Sheridan — a 5% difference. Home values follow the same pattern: Markle is more affordable at $131,500 median vs $177,200.

Median household income in Markle is $54,000 compared to $65,104 in Sheridan (-17.1%). While Sheridan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Markle spend roughly 16.7% of their income on rent, more than the 14.5% in Sheridan.

Income & Cost

Cost of Living Index
Markle
65
9% cheaper
Sheridan
72
Median Household Income
Markle
$54,000
Sheridan
$65,104
17% higher

Housing

Median Rent
Markle
$750
5% cheaper
Sheridan
$788
Median Home Value
Markle
$131,500
26% cheaper
Sheridan
$177,200
Population
Markle
1,154
Sheridan
3,355

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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