Milltown, IN vs Universal, IN

Universal is moderately more affordable than Milltown, with a 14.8% lower cost of living index. Milltown scores 62 compared to 54 for Universal, where the US average is 100. This difference means residents of Milltown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milltown is $633/month compared to $575/month in Universal — a 10% difference. Home values follow the same pattern: Universal is more affordable at $70,500 median vs $125,600.

Median household income in Milltown is $58,419 compared to $63,250 in Universal (-7.6%). Universal offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Milltown spend roughly 13% of their income on rent, more than the 10.9% in Universal.