Cost of Living: Milford, CT vs Springfield, MA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Milford | Springfield |
|---|---|---|
| Housing Index | 125.0 | 120.0 |
| Median Home Price | $376,000 | $287,000 |
| Average Rent (2 BR Apartment) | $2200 | $1800 |
| Average Rent (2 BR House) | $2250 | $1840 |
Housing Comparison: Milford vs Springfield
- In Milford, the median home price is higher at $376,000, while in Springfield it is $287,000.
- Renting a two-bedroom apartment costs more in Milford at $2,200 than in Springfield 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 | Springfield |
|---|---|---|
| Electricity Price | $26 | $28.15 |
| Natural Gas Price | $Data is updating | $21.62 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Milford vs Springfield
- Springfield has higher electricity costs at $28.15 per kWh, versus $26 in Milford.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Milford and Springfield averaging $250.