Zip 68405 (Milford, NE) 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
89.2
Less expensive
10.8% lower
than the US average
1.6% higher
than the Nebraska average
Milford (zip 68405), Nebraska gets a BestPlaces Cost of Living score of 89.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.8% lower than the U.S. average and 1.6% lower than the average for Nebraska.

Zip 68405 (Milford, NE)

Housing costs in Milford?
A typical home costs $266,900, which is 21.1% less expensive than the national average of $338,100 and 17.0% more expensive than the average Nebraska home, at $228,100. Renting a two-bedroom unit in Milford costs $850 per month, which is 12.4% cheaper than the national average of $970 and 14.1% cheaper than the state average of $970.

Can I afford Milford?
To live comfortably in Milford (zip 68405), Nebraska, a minimum annual income of $51,120 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Milford?
The cost of living in Milford, NE 68405 is relatively low compared to other areas in the country. The median home price is around $162,000 and the median rent for a two-bedroom apartment is around $650 per month. Additionally, groceries are generally affordable and utilities average around $150 per month. Overall, the cost of living in Milford is very reasonable and manageable even on a limited budget.
   Cost of living score
     CategoriesMilfordNebraskaUnited States
  89.287.8100.0
  96.194.9100
  135.4131.3100.0
  69.770.3100.0
  $266,900$228,100$338,100
  92.3%95.0%100.0%
  79.076.1100.0
  134.5114.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime