Milford, NH, showcases a higher cost of living compared to the nationwide average. Specifically, Milford’s cost of living index stands at 111, which is 11% above the national average of 100. This increase is notably due to higher housing costs, which are 25% greater than the average, and healthcare expenses, which are 20% higher.
In contrast, Milford’s grocery and utility costs align closely with the national average, while transportation costs are 5% higher. Miscellaneous costs show a slight increase of 2%, making Milford's overall cost of living a significant consideration for job seekers and potential residents.
Milford, New Hampshire, exhibits a cost of living that is notably higher than the nationwide average. In the housing sector, the cost of living index is 125. This means that housing costs in Milford are 25% higher than the national average. Job seekers relocating to Milford can expect to spend significantly more on their homes or rent compared to other areas across the country.
When considering other living expenses, Milford also shows elevated costs. Groceries in Milford have a cost of living index of 110, which is 10% more than the nationwide average. Transportation costs are slightly above the average at 105, meaning they are 5% higher. Healthcare costs, which can be a major expense for many, are 20% above the national average at an index of 120. Utilities and miscellaneous expenses remain close to the national average, with indices of 95 and 102, respectively. These figures indicate that while Milford offers certain expenses at or near the national average, it generally presents a higher cost of living in most categories.
