Milford, NH Cost of Living


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Milford cost of living score
110.7
More expensive
10.7% higher
than the US average
4.6% higher
than the New Hampshire average
Milford, New Hampshire gets a BestPlaces Cost of Living score of 110.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.7% higher than the U.S. average and 4.6% lower than the average for New Hampshire.

Milford, NH

Housing costs in Milford?
A typical home costs $407,900, which is 20.6% more expensive than the national average of $338,100 and 3.2% less expensive than the average New Hampshire home, at $421,300. Renting a two-bedroom unit in Milford costs $1,750 per month, which is 22.4% more than the national average of $1,430 and 13.1% more than the state average of $1,520.

Can I afford Milford?
To live comfortably in Milford, New Hampshire, a minimum annual income of $78,120 for a family, and $53,200 for a single person is recommended.

What does A.I. say about Milford?
Living in Milford, NH is quite affordable. The cost of living index for the town is 95.3, which is below the national average of 100. This means that basic necessities such as housing, food, transportation, and healthcare can be found at lower prices than in many other parts of the country. The median house or condo value is $248,400, which has increased by 4.5% over the past year and is significantly lower than both state and national values. Additionally, the median gross rent in Milford is $1125 per month - also much lower than other parts of New England. Overall, Milford provides a safe and comfortable place to live at an affordable price point.
   Cost of living score
     CategoriesMilfordNew HampshireUnited States
  110.7105.8100.0
  106107100
  83.082.9100.0
  127.1122.4100.0
  $407,900$421,300$338,100
  119.7%120.5%100.0%
  94.287.6100.0
  130.5109.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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