Milford, NH, boasts a higher cost of living compared to the nationwide average, with the overall index at 105. Specifically, housing costs are notably higher, standing at 20% above the national average. This suggests that job seekers considering Milford should prepare for higher expenses, particularly in housing and miscellaneous categories.
The cost of living in Milford, NH, shows a mix of higher and lower expenses compared to the nationwide average of 100. Housing costs in Milford stand at 120, indicating 20% higher expenses than the national average. Job seekers considering Milford might find that housing is a significant portion of their budget. On the other hand, groceries in Milford are slightly above average, with an index of 105, which means a 5% increase. This minor uptick may not be a major concern for those relocating.
Utilities in Milford are priced at 95, representing 5% below the national average. This makes Milford a more affordable option for utility expenses, which can be a relief for potential residents. Transportation costs are also slightly lower, at 90, showing a 10% decrease. For those who rely on personal vehicles, this could offset some of the higher housing costs. Overall, Milford offers a balanced mix of costs with both favorable and higher-than-average expenses.
