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Milton, IN vs Newberry, IN

60
Milton
Indiana
VS
-24.3%
79
Newberry
Indiana

There is a significant gap in the cost of living between these two cities. Milton is 24.3% cheaper than Newberry. With a cost index of 60 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milton to Newberry should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Milton are $81,700 compared to $83,600 in Newberry, a 2% gap.

Median household income in Milton is $45,375 compared to $50,313 in Newberry (-9.8%). Newberry does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Milton
60
24% cheaper
Newberry
79
Median Household Income
Milton
$45,375
Newberry
$50,313
10% higher

Housing

Median Rent
Milton
$688
Newberry
Median Home Value
Milton
$81,700
2% cheaper
Newberry
$83,600
Population
Milton
345
Newberry
118

Salary Equivalency Calculator

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