Milford, CT Cost of Living


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How much do I need to live in Milford, Connecticut?
$6,270 / month
for a family, 16.1% more expensive than the national average A total of $75,240 for the year for a family.
$5,667 / month
for a single person, 18.9% more expensive than the national average A total of $68,000 for the year for a single person.

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
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMilfordConnecticutUnited States
    Unlock111.8100.0
  108.0  Unlock100.0
    Unlock118.6100.0
  127.1  Unlock100.0
    Unlock$362,100$338,100
  130.7  Unlock100.0
    Unlock112.4100.0
  126.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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