Middletown, IN vs Mount Vernon, IN

Middletown, IN and Mount Vernon, IN have a very similar cost of living, with only a 2% difference in their overall index. Middletown scores 66 while Mount Vernon scores 67 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 Middletown is $806/month compared to $726/month in Mount Vernon — a 11% difference. Interestingly, home values tell a different story: while Mount Vernon has cheaper rent, Middletown actually has lower median home values ($98,500 vs $164,200).

Median household income in Middletown is $55,833 compared to $61,527 in Mount Vernon (-9.3%). While Mount Vernon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Middletown spend roughly 17.3% of their income on rent, more than the 14.2% in Mount Vernon.