Cost of Living: New york, NY vs Milford, MA

Housing

The housing market plays a significant role in determining the cost of living.

Metric New york Milford
Housing Index 125.0 Data is updating
Median Home Price $800,000 $373,000
Average Rent (2 BR Apartment) $2800 $Data is updating
Average Rent (2 BR House) $2880 $Data is updating

Housing Comparison: New york vs Milford

  • In New york, the median home price is higher at $800,000, while in Milford it is $373,000.
  • The rent for a two-bedroom apartment is equal in both New york and Milford at $2,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric New york Milford
Electricity Price $26.08 $28.15
Natural Gas Price $18.13 $21.62
Other Utilities $250 $Data is updating

Utilities Comparison: New york vs Milford

  • Milford has higher electricity costs at $28.15 per kWh, versus $26.08 in New york.
  • Milford experiences higher natural gas costs at $21.62 per unit, with costs at $18.13 in New york.
  • Utility expenses are equal in both New york and Milford averaging $250.