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Cost of Living in Milroy, IN

Population: 629 | Indiana

81
Cost of Living Index
US Average = 100

Milroy is 19% less expensive than the national average.

100
Housing
34
Home Values
93
Regional Price

Cost of Living in Milroy, IN: What You Need to Know

With a cost of living index of 81, Milroy, IN is a very affordable place to live. Living here is 19% cheaper than the national average and 3% above the Indiana state average of 78. Milroy is a small community of 629 residents.

The median household income in Milroy is $81,875, which is 9% higher than the national median of $75,149.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$81,875
vs US Median ($75,149)
+9%

Housing

Median Home Value
$105,000
Median Monthly Housing Cost
$817/mo
→ Best Places to Live in Indiana (2026)

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