Milford, CT Cost of Living


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Milford cost of living score
109.2
More expensive
9.2% higher
than the US average
2.3% lower
than the Connecticut average
Milford, Connecticut gets a BestPlaces Cost of Living score of 109.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% higher than the U.S. average and 2.3% higher than the average for Connecticut.

Milford, CT

Housing costs in Milford?
A typical home costs $392,000, which is 15.9% more expensive than the national average of $338,100 and 8.3% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Milford costs $2,060 per month, which is 44.1% more than the national average of $1,430 and 19.4% more than the state average of $1,660.

Can I afford Milford?
To live comfortably in Milford, Connecticut, a minimum annual income of $75,240 for a family, and $68,000 for a single person is recommended.

What does A.I. say about Milford?
Milford is located within New Haven County , Connecticut nestled between Bridgeport and New Haven with a population just under 53 , 000 people . The city boasts an overall affordable cost of living with median home values at about 269 , 400 dollars which falls Below both Connecticut ’ s state wide average as well as national levels . Similarly , Monthly rental rates remain fairly Low compared to surrounding areas averaging 1,438 Dollars Per Month.
   Cost of living score
     CategoriesMilfordConnecticutUnited States
  109.2111.8100.0
  108106.6100
  120.5118.6100.0
  127.1109.2100.0
  $392,000$362,100$338,100
  130.7%118.5%100.0%
  112.9112.4100.0
  126.3126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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