Milford, MO Cost of Living


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United States / Missouri / No Metro Area / Barton County / Milford / Zip Codes

Milford cost of living score
74.1
Less expensive
25.9% lower
than the US average
13.4% lower
than the Missouri average
Milford, Missouri gets a BestPlaces Cost of Living score of 74.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.9% lower than the U.S. average and 13.4% higher than the average for Missouri.

Milford, MO

Housing costs in Milford?
A typical home costs $137,600, which is 59.3% less expensive than the national average of $338,100 and 35.2% less expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Milford costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 26.7% cheaper than the state average of $950.

Can I afford Milford?
To live comfortably in Milford, Missouri, a minimum annual income of $26,280 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Milford?
The cost of living in Milford village, MO is relatively low compared to other areas in the United States. The average home price is around $170,000 and the median household income is just under $60,000 per year. Groceries and utilities are also quite affordable in the area. According to BestPlaces, a comparison website for living costs around the world, goods and services in Milford village are 15.67 percent lower than the national average. This makes it an ideal place for anyone looking to save money on their living expenses without sacrificing access to necessary amenities or quality of life.
   Cost of living score
     CategoriesMilfordMissouriUnited States
  74.185.6100.0
  93.894.9100
  112.0104.3100.0
  41.566.5100.0
  $137,600$212,300$338,100
  104.9%98.5%100.0%
  72.586.2100.0
  62.585.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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