Milford (zip 06460), Connecticut gets a BestPlaces Cost of Living index of 109.2, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 9.2 percent higher than the U.S. average and 2.3 percent higher than the average for Connecticut.
A typical home costs $416,000, which is 23.0 percent more expensive than the national average of $338,100 and 14.9 percent more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Milford costs $2,150 per month, which is 50.3 percent more than the national average of $1,430 and 22.8 percent more than the state average of $1,660.
To live comfortably in Milford (zip 06460), Connecticut, a minimum annual income of $79,560 for a family, and $71,200 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Milford (zip 06460) is cheaper than the US average. A cost of living index above 100 means Milford (zip 06460), Connecticut is more expensive.
Milford (zip 06460) cost of living is 109.2