Milford, IN vs Sharpsville, IN

Milford, IN and Sharpsville, IN have a very similar cost of living, with only a 4.3% difference in their overall index. Milford scores 75 while Sharpsville scores 72 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 Milford is $1,038/month compared to $958/month in Sharpsville — a 8% difference. Home values follow the same pattern: Sharpsville is more affordable at $117,800 median vs $135,300.

Median household income in Milford is $52,014 compared to $90,978 in Sharpsville (-42.8%). Sharpsville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Milford spend roughly 23.9% of their income on rent, more than the 12.6% in Sharpsville.