Milford, NH, has a higher cost of living compared to the nationwide average. The overall cost of living index in Milford stands at 106, which is 6% higher than the average of 100. Housing costs in Milford are particularly elevated, with an index of 120, indicating a 20% increase over the national average. This suggests that job seekers considering Milford should be aware of the higher expenses, especially for housing.
The cost of living in Milford, NH, shows a varied picture compared to the nationwide average. Housing costs in Milford stand at 120, which is 20% higher than the national average. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive in Milford. For job seekers, this could mean budgeting more for housing if they decide to relocate.
Other areas also reflect some differences. The cost of groceries in Milford is 105, which is 5% above the average. This slight increase suggests that food expenses will be marginally higher. Utilities, however, are slightly lower, with an index of 95, meaning they are 5% cheaper than the national average. Transportation costs are 110, indicating a 10% increase. Healthcare costs remain at par with the national average at 100. Miscellaneous expenses, like entertainment and personal care, are at 102, which is 2% higher. Overall, Milford presents a mix of higher and lower costs in various categories.
