Cost of Living in Milford, MA
Housing
The housing market plays a significant role in determining the cost of living in Milford, MA.
- Housing Index: Data is updating
- Median Home Price is: $373,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Milford, MA? With a population of , this community offers a median age of years, hinting at a stable and mature demographic. The impressive median income of suggests residents enjoy a good standard of living, with only % living below poverty level. Family-oriented, % of households comprise married couples. The unemployment rate stands at %, indicating a healthy job market. Overall, this data shows that Milford is a promising place for prospective residents seeking a vibrant and stable community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Milford, MA.
- Electricity Price: $28.15 USD (median by state)
- Natural Gas Price: $21.62 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Milford, MA could entail higher utility costs. Electricity costs sit at $28.15, while natural gas is priced at $21.62 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Milford is a financially viable option for your relocation.