Housing costs in Milford?
A typical home costs
$280,200, which is 17.1% less expensive than the national average of
$338,100 and 42.2% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Milford costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 8.4% more than the state average of
$980.
Can I afford Milford?
To live comfortably in Milford, Ohio, a minimum annual income of
$53,640 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Milford?
Milford, OH is an affordable place to live, with a median home value of $205,000 and an average cost of living index of 90.8. The cost of groceries, healthcare, and utilities in Milford are all below the national average. Other expenses such as gas and transportation costs are also relatively low. Overall, the cost of living in Milford is quite reasonable for those looking to move or purchase property in the area.