Cost of Living: Milford, CT vs Lexington, TN

Housing

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

Metric Milford Lexington
Housing Index 125.0 Data is updating
Median Home Price $376,000 $198,000
Average Rent (2 BR Apartment) $2200 $Data is updating
Average Rent (2 BR House) $2250 $Data is updating

Housing Comparison: Milford vs Lexington

  • In Milford, the median home price is higher at $376,000, while in Lexington it is $198,000.
  • The rent for a two-bedroom apartment is equal in both Milford and Lexington at $2,200.

Utilities

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

Metric Milford Lexington
Electricity Price $26 $12.57
Natural Gas Price $Data is updating $12.35
Other Utilities $250 $Data is updating

Utilities Comparison: Milford vs Lexington

  • Electricity costs are higher in Milford at $26 per kWh, compared to $12.57 in Lexington.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Milford and Lexington averaging $250.