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Middlebury, IN vs Parker City, IN

84
Middlebury
Indiana
VS
+33.7%
63
Parker City
Indiana

The cost of living difference between Middlebury, IN and Parker City, IN is dramatic. Parker City is 33.7% cheaper than Middlebury, a gap that translates to thousands of dollars per year in household expenses. Middlebury has a cost index of 84 while Parker City sits at 63, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Middlebury is $1,072/month compared to $796/month in Parker City — a 35% difference. Home values follow the same pattern: Parker City is more affordable at $91,700 median vs $230,300.

Median household income in Middlebury is $81,094 compared to $56,875 in Parker City (+42.6%). While Middlebury is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Middlebury spend roughly 15.9% of their income on rent, less than the 16.8% in Parker City.

Income & Cost

Cost of Living Index
Middlebury
84
Parker City
63
25% cheaper
Median Household Income
Middlebury
$81,094
30% higher
Parker City
$56,875

Housing

Median Rent
Middlebury
$1,072
Parker City
$796
26% cheaper
Median Home Value
Middlebury
$230,300
Parker City
$91,700
60% cheaper
Population
Middlebury
3,681
Parker City
1,236

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Middlebury $2.91
Parker City $2.91
US $3.07
🥚
Eggs (grade A, large)
Middlebury $2.37
Parker City $2.37
US $2.50
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Milk (whole)
Middlebury $3.82
Parker City $3.82
US $4.03
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Bread (white)
Middlebury $1.75
Parker City $1.75
US $1.85
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Chicken breast
Middlebury $3.93
Parker City $3.93
US $4.14
Electricity
Middlebury $0.16
Parker City $0.16
US $0.19