Milford CDP, MA Cost of Living


2 Reviews



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How much do I need to live in Milford CDP, Massachusetts?
$5,760 / month
for a family, 6.7% more expensive than the national average A total of $69,120 for the year for a family.
$4,733 / month
for a single person, 0.7% less expensive than the national average A total of $56,800 for the year for a single person.

Milford CDP cost of living score
111.5
More expensive
11.5% higher
than the US average
12.5% lower
than the Massachusetts average
Milford CDP, Massachusetts gets a BestPlaces Cost of Living score of 111.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.5% higher than the U.S. average and 12.5% higher than the average for Massachusetts.

Milford CDP, MA

Housing costs in Milford CDP?
A typical home costs $0, which is 100.0% less expensive than the national average of $338,100 and 100.0% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Milford CDP costs $1,840 per month, which is 28.7% more than the national average of $1,430 and 16.3% cheaper than the state average of $2,140.

Can I afford Milford CDP?
To live comfortably in Milford CDP, Massachusetts, a minimum annual income of $69,120 for a family, and $56,800 for a single person is recommended.

What does A.I. say about Milford CDP?
The cost of living in Milford CDP, MA is very competitive compared to the US average. On a scale where the US average Cost of Living is set as 100, Milford CDP, MA ranks much lower at around 95-98. This means that goods and services are about 5-8% cheaper than the national average. This is especially true when it comes to housing costs, with the median house value in Milford CDP, MA being significantly lower than the US average value of $338,100. For those looking for a more affordable place to live or retire without compromising on convenience then Milford CDP is certainly worth considering.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMilford CDPMassachusettsUnited States
    Unlock127.5100.0
Grocery 108.9100

   100=National Average

   Average Rent by Bedroom Size
Reviews for Milford CDP
    See all (2)

Over 11 years ago

Traffic everywhere all the  More

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Milford is a great town for those who are looking to take their dollar farther in Real Estate. The housing stock is plentiful for 1st time buyers with many lower priced  More

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