Cost of Living in Milltown, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
82.1
100 = national avg
-17.9 vs national average
Living Wage (1 Adult)
$36,128
per year
Living Wage (Family of 4)
$85,392
per year
Cost Index by Category
Housing64.5
Food94.7
Transportation89.3
Healthcare95.7
Utilities89.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,047
per month
2 Bedroom
$1,272
per month
The overall cost of living index in Milltown is 82.1, which is 17.9% below the national average. Housing costs are below the national average at an index of 64.5. A single adult needs to earn approximately $36,128 per year to cover basic expenses.