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Milroy, IN vs Spring Lake, IN

81
Milroy
Indiana
VS
-5.4%
86
Spring Lake
Indiana

Milroy is moderately more affordable than Spring Lake, with a 5.4% lower cost of living index. Milroy scores 81 compared to 86 for Spring Lake, where the US average is 100. This difference means residents of Spring Lake can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Milroy are $105,000 compared to $155,500 in Spring Lake, a 33% gap.

Median household income in Milroy is $81,875 compared to $59,583 in Spring Lake (+37.4%). Milroy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Milroy
81
5% cheaper
Spring Lake
86
Median Household Income
Milroy
$81,875
27% higher
Spring Lake
$59,583

Housing

Median Rent
Milroy
Spring Lake
Median Home Value
Milroy
$105,000
32% cheaper
Spring Lake
$155,500
Population
Milroy
629
Spring Lake
215

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Milroy
Spring Lake $2.91
US $3.07
🥚
Eggs (grade A, large)
Milroy
Spring Lake $2.37
US $2.50
🥛
Milk (whole)
Milroy
Spring Lake $3.82
US $4.03
🍞
Bread (white)
Milroy
Spring Lake $1.75
US $1.85
🍗
Chicken breast
Milroy
Spring Lake $3.93
US $4.14
Electricity
Milroy
Spring Lake $0.16
US $0.19