Housing costs in New Milford?
A typical home costs
$148,300, which is 56.1% less expensive than the national average of
$338,100 and 38.9% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in New Milford costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 36.0% cheaper than the state average of
$1,210.
Can I afford New Milford?
To live comfortably in New Milford, Pennsylvania, a minimum annual income of
$28,440 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about New Milford?
The cost of living in New Milford borough, PA is slightly above the national average. This is due to its proximity to larger cities such as Philadelphia and New York City. The median home price in the area is around $136,000, which is just below the national median of $145,000. Rent prices are also slightly higher than the national average, with an average two-bedroom apartment costing around $1,200 per month. Despite these slightly higher costs of living, many residents find that there are numerous benefits to living in this borough compared to other more expensive cities and towns nearby.