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Middletown, IN vs Salem, IN

66
Middletown
Indiana
VS
-0.8%
66
Salem
Indiana

Middletown, IN and Salem, IN have a very similar cost of living, with only a 0.8% difference in their overall index. Middletown scores 66 while Salem 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 Middletown is $806/month compared to $736/month in Salem — a 10% difference. Interestingly, home values tell a different story: while Salem has cheaper rent, Middletown actually has lower median home values ($98,500 vs $136,800).

Median household income in Middletown is $55,833 compared to $51,786 in Salem (+7.8%). Middletown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Middletown spend roughly 17.3% of their income on rent, more than the 17.1% in Salem.

Income & Cost

Cost of Living Index
Middletown
66
1% cheaper
Salem
66
Median Household Income
Middletown
$55,833
7% higher
Salem
$51,786

Housing

Median Rent
Middletown
$806
Salem
$736
9% cheaper
Median Home Value
Middletown
$98,500
28% cheaper
Salem
$136,800
Population
Middletown
2,163
Salem
6,484

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Middletown $2.91
Salem $2.89
US $3.07
🥚
Eggs (grade A, large)
Middletown $2.37
Salem $2.36
US $2.50
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Milk (whole)
Middletown $3.82
Salem $3.80
US $4.03
🍞
Bread (white)
Middletown $1.75
Salem $1.75
US $1.85
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Chicken breast
Middletown $3.93
Salem $3.91
US $4.14
Electricity
Middletown $0.16
Salem $0.15
US $0.19