Cost of Living: Milford, MI vs Nashua, NH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Milford | Nashua |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $345,000 | $430,000 |
| Average Rent (2 BR Apartment) | $1800 | $1900 |
| Average Rent (2 BR House) | $1840 | $1960 |
Housing Comparison: Milford vs Nashua
- The median home price in Nashua is higher at $430,000, compared to $345,000 in Milford.
- In Nashua, the rental for a two-bedroom apartment stands at $1,900, while it is $1,800 in Milford.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Milford | Nashua |
|---|---|---|
| Electricity Price | $19.88 | $22.44 |
| Natural Gas Price | $15.42 | $17.58 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Milford vs Nashua
- Nashua has higher electricity costs at $22.44 per kWh, versus $19.88 in Milford.
- Nashua experiences higher natural gas costs at $17.58 per unit, with costs at $15.42 in Milford.
- Utility expenses are equal in both Milford and Nashua averaging $250.