Zip 13807 (Milford, NY) Cost of Living


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United States / New York / Oneonta Metro Area / Otsego County / No City / Milford (zip 13807)
How much do I need to live in Milford, New York?
$3,390 / month
for a family, 37.2% less expensive than the national average A total of $40,680 for the year for a family.
$2,800 / month
for a single person, 41.3% less expensive than the national average A total of $33,600 for the year for a single person.

Milford cost of living score
82.8
Less expensive
17.2% lower
than the US average
31.9% lower
than the New York average
Milford (zip 13807), New York gets a BestPlaces Cost of Living score of 82.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.2% lower than the U.S. average and 31.9% lower than the average for New York.

Zip 13807 (Milford, NY)

Housing costs in Milford?
A typical home costs $212,200, which is 37.2% less expensive than the national average of $338,100 and 48.7% less expensive than the average New York home, at $413,600. 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 94.1% cheaper than the state average of $1,960.

Can I afford Milford?
To live comfortably in Milford (zip 13807), New York, a minimum annual income of $40,680 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Milford?
The cost of living in 13807 Milford, NY is slightly higher than the national average. The median home price in Milford is $169,500, which is a bit higher than the national median home price of $184,700. Renters can expect to pay an average of $1,000 per month in rent. Groceries are slightly more expensive here as well with the average cost for grocery items being about 10% higher than the national average. Transportation costs are also above average with gas prices almost 20% higher than the national average and public transportation costing more as well. Overall, while living in 13807 Milford, NY may seem a bit pricey compared to other areas of the country, its proximity to larger cities and natural attractions make it worth considering.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMilfordNew YorkUnited States
    Unlock121.5100.0
  100.6  Unlock100.0
    Unlock120.7100.0
  61.4  Unlock100.0
    Unlock$413,600$338,100
  96.2  Unlock100.0
    Unlock140.7100.0
  114.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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