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Mineral Springs, IN vs Shelby, IN

91
Mineral Springs
Indiana
VS
+5.1%
86
Shelby
Indiana

Shelby is moderately more affordable than Mineral Springs, with a 5.1% lower cost of living index. Mineral Springs scores 91 compared to 86 for Shelby, where the US average is 100. This difference means residents of Mineral Springs can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Mineral Springs are $221,500 compared to $128,100 in Shelby, a 73% gap.

Median household income in Mineral Springs is $104,886 compared to $54,500 in Shelby (+92.5%). While Mineral Springs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Mineral Springs
91
Shelby
86
5% cheaper
Median Household Income
Mineral Springs
$104,886
48% higher
Shelby
$54,500

Housing

Median Rent
Mineral Springs
Shelby
Median Home Value
Mineral Springs
$221,500
Shelby
$128,100
42% cheaper
Population
Mineral Springs
768
Shelby
259

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mineral Springs
Shelby $3.20
US $3.07
🥚
Eggs (grade A, large)
Mineral Springs
Shelby $2.61
US $2.50
🥛
Milk (whole)
Mineral Springs
Shelby $4.20
US $4.03
🍞
Bread (white)
Mineral Springs
Shelby $1.93
US $1.85
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Chicken breast
Mineral Springs
Shelby $4.32
US $4.14
Electricity
Mineral Springs
Shelby $0.15
US $0.19