Cost of Living in Milton, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.7
100 = national avg
-28.3 vs national average
Living Wage (1 Adult)
$31,554
per year
Living Wage (Family of 4)
$74,582
per year
Cost Index by Category
Housing60.4
Food84.7
Transportation69.4
Healthcare87.7
Utilities82.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$729
per month
2 Bedroom
$956
per month
The overall cost of living index in Milton is 71.7, which is 28.3% below the national average. Housing costs are below the national average at an index of 60.4. A single adult needs to earn approximately $31,554 per year to cover basic expenses.