Milford, WI Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Milford cost of living score
91.9
Less expensive
8.1% lower
than the US average
2.2% higher
than the Wisconsin average
Milford, Wisconsin gets a BestPlaces Cost of Living score of 91.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.1% lower than the U.S. average and 2.2% lower than the average for Wisconsin.

Milford, WI

Housing costs in Milford?
A typical home costs $398,800, which is 18.0% more expensive than the national average of $338,100 and 63.4% more expensive than the average Wisconsin home, at $244,100. Renting a two-bedroom unit in Milford costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 2.0% cheaper than the state average of $1,030.

Can I afford Milford?
To live comfortably in Milford, Wisconsin, a minimum annual income of $76,320 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Milford?
Milford, WI is a great place to live and has an affordable cost of living. The median home price in Milford is $195,000, which is much lower than the national median of $213,400. Additionally, the cost of groceries and healthcare are both below the national average. Utility costs are also relatively low due to the abundance of natural resources in the area. With these affordable prices, many people are able to move into Milford and enjoy a comfortable lifestyle while still saving money each month.
   Cost of living score
     CategoriesMilfordWisconsinUnited States
  91.989.9100.0
  9794.7100
  101.898.9100.0
  116.579.3100.0
  $398,800$244,100$338,100
  102.1%99.0%100.0%
  86.786.9100.0
  113.8106.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Milford, WI cost of living
Compare food, housing, utilities, and more in Milford, Wisconsin to any other city in the US.