Much like its surrounding areas, it is significantly less expensive compared to the nation as a whole. Compared to the city of Evansville however, it's a bit less expensive.
Home prices
The cost of the median home in Milltown is $87,100. It is is very similar in comparison to the surrounding areas.Compared to the entire nation it is about $130,400 (59%) lower, and it is roughly $7,100 (7%) lower compared to the city of Evansville.
Rents
In Milltown the median monthly rent is $427. It is about $247 (36%) lower in comparison to nearby areas.Compared to the rest of the nation it is roughly $635 (59%) lower, and compared to the city of Evansville is about $347 (44%) lower.
Nearby places
Marengo
Marengo is roughly 3 miles northwest from Milltown. The real estate prices there are a little less expensive. The price of the median home in Marengo is $73,000, which is $14,100 (19%) lower than Milltown. Its rents are a lot more expensive. The median monthly rent in Marengo is $675, which comes out to $248 (36%) higher than Milltown.
Hardinsburg
Hardinsburg is roughly 8 miles north of Milltown. Its real estate prices are somewhat less expensive. The median home in Hardinsburg is valued at $80,000, which is $7,100 (8%) lower than Milltown. The rent there is significantly more expensive. Hardinsburg's median monthly rent is $800, which is $373 (46%) higher than Milltown.
English
English is roughly 8 miles west of Milltown. Its real estate prices are a little less expensive. The median home in English costs $78,900, which comes out to $8,200 (10%) lower than Milltown. Its rents are fairly similar. In English the median rent is $411 per month, which comes out to $16 (3%) lower than Milltown.
Palmyra
Palmyra is about 9 miles northeast from Milltown. The housing prices there are a little more expensive. The median home cost in Palmyra is $114,500, which comes out to $27,400 (23%) higher than Milltown. Its rents are a bit more expensive. In Palmyra the median monthly rent is $602, which works out to $175 (29%) higher than Milltown.
Crandall
Crandall is approximately 10 miles east of Milltown. The real estate prices there are similar. The median home in Crandall costs $88,100, which comes out to $1,000 (1%) higher than Milltown. Rents there are significantly more expensive. Crandall's median monthly rent is $880, which works out to $453 (51%) higher than Milltown.