Housing costs in Milford?
A typical home costs
$195,700, which is 42.1% less expensive than the national average of
$338,100 and 61.7% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Milford costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 56.1% cheaper than the state average of
$1,280.
Can I afford Milford?
To live comfortably in Milford (zip 84751), Utah, a minimum annual income of
$37,440 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Milford?
The cost of living in 84751 Milford, UT is quite affordable. The median home price is $190,300 which is substantially lower than the national average. The median rent for a two-bedroom apartment in Milford is around $975 per month. Prices for groceries and other necessities are also low compared to the national average. In addition, the city has a very low unemployment rate, meaning there are plenty of job opportunities to help with paying for one’s basic needs as well as having some money left over for entertainment. All of this makes Milford an attractive option for those looking to settle in a reasonably priced area while still having plenty of resources available to them.