Zip 03055 (Milford, NH) Cost of Living


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How much do I need to live in Milford, New Hampshire?
$6,720 / month
for a family, 24.4% more expensive than the national average A total of $80,640 for the year for a family.
$4,333 / month
for a single person, 9.1% less expensive than the national average A total of $52,000 for the year for a single person.

Milford cost of living score
110.7
More expensive
10.7% higher
than the US average
4.6% higher
than the New Hampshire average
Milford (zip 03055), New Hampshire gets a BestPlaces Cost of Living score of 110.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.7% higher than the U.S. average and 4.6% lower than the average for New Hampshire.

Zip 03055 (Milford, NH)

Housing costs in Milford?
A typical home costs $420,400, which is 24.3% more expensive than the national average of $338,100 and 0.2% less expensive than the average New Hampshire home, at $421,300. Renting a two-bedroom unit in Milford costs $1,710 per month, which is 19.6% more than the national average of $1,430 and 11.1% more than the state average of $1,520.

Can I afford Milford?
To live comfortably in Milford (zip 03055), New Hampshire, a minimum annual income of $80,640 for a family, and $52,000 for a single person is recommended.

What does A.I. say about Milford?
The cost of living in Milford, NH (03055) is generally considered to be quite affordable. The overall cost of living index for Milford stands at 97.4, meaning that the city's costs are 2.6 points lower than the national average. This makes Milford an attractive option for individuals and families looking to settle down in a pleasant New England community without breaking the bank. Though housing costs can be higher than some other areas across the state, this is offset by lower taxes and transportation costs, making it a great place to make your home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMilfordNew HampshireUnited States
    Unlock105.8100.0
  106.0  Unlock100.0
    Unlock82.9100.0
  127.4  Unlock100.0
    Unlock$421,300$338,100
  119.7  Unlock100.0
    Unlock87.6100.0
  128.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Milford
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Over 6 years ago

I lived in Milford for 18 yr.  More

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