Cost of Living: Milford, CT vs Merced, CA

Housing

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

Metric Milford Merced
Housing Index 125.0 115.0
Median Home Price $376,000 $358,000
Average Rent (2 BR Apartment) $2200 $1800
Average Rent (2 BR House) $2250 $1825

Housing Comparison: Milford vs Merced

  • In Milford, the median home price is higher at $376,000, while in Merced it is $358,000.
  • Renting a two-bedroom apartment costs more in Milford at $2,200 than in Merced at $1,800.

Utilities

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

Metric Milford Merced
Electricity Price $26 $32.99
Natural Gas Price $Data is updating $16.99
Other Utilities $250 $250

Utilities Comparison: Milford vs Merced

  • Merced has higher electricity costs at $32.99 per kWh, versus $26 in Milford.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Milford and Merced averaging $250.