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Milton, IN vs Shirley, IN

60
Milton
Indiana
VS
+5.2%
57
Shirley
Indiana

Shirley is moderately more affordable than Milton, with a 5.2% lower cost of living index. Milton scores 60 compared to 57 for Shirley, where the US average is 100. This difference means residents of Milton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milton is $688/month compared to $513/month in Shirley — a 34% difference. Interestingly, home values tell a different story: while Shirley has cheaper rent, Milton actually has lower median home values ($81,700 vs $103,700).

Median household income in Milton is $45,375 compared to $66,429 in Shirley (-31.7%). Shirley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Milton spend roughly 18.2% of their income on rent, more than the 9.3% in Shirley.

Income & Cost

Cost of Living Index
Milton
60
Shirley
57
5% cheaper
Median Household Income
Milton
$45,375
Shirley
$66,429
32% higher

Housing

Median Rent
Milton
$688
Shirley
$513
25% cheaper
Median Home Value
Milton
$81,700
21% cheaper
Shirley
$103,700
Population
Milton
345
Shirley
1,026

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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