Zip 76670 (Milford, TX) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Milford cost of living score
104.4
More expensive
4.4% higher
than the US average
10.8% higher
than the Texas average
Milford (zip 76670), Texas gets a BestPlaces Cost of Living score of 104.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.4% higher than the U.S. average and 10.8% higher than the average for Texas.

Zip 76670 (Milford, TX)

Housing costs in Milford?
A typical home costs $203,900, which is 39.7% less expensive than the national average of $338,100 and 31.5% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Milford costs $1,230 per month, which is 3.9% cheaper than the national average of $1,280 and 24.4% cheaper than the state average of $1,530.

Can I afford Milford?
To live comfortably in Milford (zip 76670), Texas, a minimum annual income of $39,240 for a family, and $41,600 for a single person is recommended.

What does A.I. say about Milford?
The cost of living in 76670 Milford, TX is quite reasonable, with the cost of housing being particularly affordable. According to BestPlaces, the median home price in Milford is $109,000, which is 17% lower than the national average. In addition, Milford also has a low cost of living index of 84.8, which is 16% lower than the national average. This means that residents can enjoy more buying power when it comes to daily expenses and other necessities. Furthermore, utility costs tend to be cheaper in Milford compared to many other places in Texas as well. All this combined makes 76670 Milford a great place for those looking for an affordable place to live.
   Cost of living score
     CategoriesMilfordTexasUnited States
  104.494.2100.0
  95.493.7100
  102.6100.0100.0
  62.583.5100.0
  $203,900$297,600$338,100
  108.3%99.2%100.0%
  133.9103.3100.0
  100.283.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime