Housing costs in Milford?
A typical home costs
$297,500, which is 12.0% less expensive than the national average of
$338,100 and 11.5% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Milford costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$1,330.
Can I afford Milford?
To live comfortably in Milford, Delaware, a minimum annual income of
$56,880 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Milford?
The cost of living in Milford, DE is relatively low compared to other areas. The median home price in the city is around $190,000, which is slightly lower than the national median home price. Also, the city has a low unemployment rate and a high job growth rate, making it an attractive place to live for those seeking employment opportunities. Taxes are also relatively low in Milford, DE, giving residents more purchasing power with their income. All these factors make Milford a great place to call home or start a business.