Housing costs in Milford?
A typical home costs
$279,100, which is 17.5% less expensive than the national average of
$338,100 and 41.7% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Milford costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 7.5% more than the state average of
$980.
Can I afford Milford?
To live comfortably in Milford (zip 45150), Ohio, a minimum annual income of
$53,640 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Milford?
The cost of living in 45150 Milford, OH is relatively affordable compared to other locations in the country. The median home value is just over $200,000 and the median rent price for a two-bedroom apartment is approximately $900 per month. Furthermore, grocery prices are slightly lower than the national average and utilities such as electricity, natural gas, and water costs are all considered to be very reasonable. In addition to these costs being very manageable, there are also numerous local businesses that offer great discounts on goods and services which helps to keep expenses down even further. Overall, the cost of living in 45150 Milford is quite affordable and allows locals to enjoy a comfortable lifestyle at an affordable price.