Housing costs in Milford?
A typical home costs
$247,200, which is 26.9% less expensive than the national average of
$338,100 and 8.4% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Milford costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 19.8% cheaper than the state average of
$970.
Can I afford Milford?
To live comfortably in Milford, Nebraska, a minimum annual income of
$47,520 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, NE is very reasonable. The median home value is approximately $130,000 and the median rent is around $650 per month. Fuel prices are lower than the national average and groceries and dining out are also quite affordable. Additionally, overall taxes in Milford are relatively low and utilities such as electricity, water, and natural gas remain fairly inexpensive. All these factors contribute to the generally low cost of living that Milford offers its residents.