Housing costs in Milford?
A typical home costs
$210,800, which is 37.7% less expensive than the national average of
$338,100 and 36.9% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Milford costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 3.1% more than the state average of
$1,250.
Can I afford Milford?
To live comfortably in Milford, Maine, a minimum annual income of
$40,320 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Milford?
The cost of living in Milford, ME is quite reasonable. The median home value is $160,100, which is slightly lower than the national average. The median household income is $46,019 per year, which is higher than the national average and provides plenty of purchasing power for residents. Groceries and healthcare costs are slightly below the national average as well. Overall, Milford offers an affordable living experience with a high standard of living for its citizens.