Housing costs in Milford?
A typical home costs
$210,900, which is 37.6% less expensive than the national average of
$338,100 and 49.0% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Milford costs
$990 per month, which is 30.8% more than the national average of
$1,430 and 98.0% more than the state average of
$1,960.
Can I afford Milford?
To live comfortably in Milford, New York, a minimum annual income of
$40,320 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Milford?
Milford, NY is an affordable place to call home. Overall, the cost of living in Milford is slightly below the national average. The cost of housing is very reasonable, with a median home value of around $250,000, and rents are also quite reasonable compared to other parts of the state. Groceries and utilities are also quite affordable in Milford when compared to other parts of New York. Additionally, taxes are below the national average as well, making it an attractive option for those looking to save some money while still having access to good services and amenities.