Housing costs in Milford?
A typical home costs
$314,500, which is 7.0% less expensive than the national average of
$338,100 and 6.5% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Milford costs
$1,130 per month, which is 15.0% cheaper than the national average of
$1,330 and 3.5% more than the state average of
$1,090.
Can I afford Milford?
To live comfortably in Milford (zip 19963), Delaware, a minimum annual income of
$60,120 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Milford?
The cost of living in Milford, DE in 1996 was relatively inexpensive. The average price for a gallon of gas was about $1.04, and the median household income was estimated at just over $30,000. Rent was also relatively low, with the average two-bedroom apartment costing around $575 per month. Groceries were also quite affordable, and there were plenty of local businesses to shop at as well. All in all, 1996 Milford provided its residents with an affordable lifestyle that allowed them to save money without sacrificing quality living standards.