Milford, NH Cost Of Living

Demographics | Crime | Cost Of Living | Photos
Updated: 2020-03-08
Milford's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Milford is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Milford, NH?

According to the most recent data on the cost of living, Milford has an overall cost of living index of 111 which is 1.1x higher than the national index of 100.

Compared to only New Hampshire, Milford has a cost of living index that's 1.0x lower than New Hampshire's index of 113.

The standard of living in Milford ranks as #4212 most affordable out of the 6522 places we measured in New Hampshire. By definition, that implies Milford ranks as the #2195 most expensive place in the Granite State.

For more reading on life in Milford, check out:

Milford Cost Of Living Vs. New Hampshire

Living Expense Milford New Hampshire National Average
Overall 111 113 100
Services 108 108 100
Groceries 103 103 100
Health 114 114 100
Housing 118 123 100
Transportation 102 102 100
Utilities 118 118 100
For more reading on cost of living around New Hampshire, check out:
Milford Cost of Living Vs. NH

Milford, NH Housing Cost Breakdown

Housing swings affordability the most between places in New Hampshire, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Milford New Hampshire United States
Median Home Value $228,700 $252,800 $204,900
Median Rent $1,152 $1,077 $1,023
Median Income $66,270 $74,057 $60,293
Home Value To Income 3.5x 3.4x 3.4x
Rent To Monthly Income 0.21x 0.17x 0.2x

Milford SnackAbility

Overall SnackAbility

Cost Of Living In Cities Around Milford

City Population Cost Of Living Vs. Milford
Manchester, NH 111,657 109 1.0x
Nashua, NH 88,606 114 1.0x
Fitchburg, MA 40,737 109 1.0x
Londonderry, NH 11,465 118 1.1x
Hudson, NH 7,591 112 1.0x
South Hooksett, NH 5,811 114 1.0x

Articles About New Hampshire

Enjoy The Snack?