Housing costs in Milford?
A typical home costs
$279,100, which is 17.5% less expensive than the national average of
$338,100 and 43.8% more expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Milford costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 18.3% cheaper than the state average of
$970.
Can I afford Milford?
To live comfortably in Milford, Kansas, a minimum annual income of
$53,640 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Milford?
The cost of living in Milford, KS is relatively low compared to other areas in the United States. According to Best Places, the cost of living index for Milford is 79.1, which is lower than the national average of 100. This means that goods and services are generally less expensive in Milford than they would be elsewhere. The median home value in Milford is $106,436 as of 2019, a 4.8% increase since 2018. Additionally, utilities cost an average of $190 per month and groceries are around 7% lower than the national average. These factors combined make it an affordable place to live for those looking to settle down in a small town atmosphere.