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Cost of Living in Milford, NY

2025 Affordability Data & Housing Costs

90.3

Cost of Living Index (100 = US Average)

Moderate

Median Home Value

$137,500

Owner-occupied homes (2023 ACS)

Median Household Income

$63,750

Annual (2023 ACS)

Housing Costs

The median home value in Milford is $137,500, which is close to the national average. The home price-to-income ratio is 2.2, indicating strong affordability.

Income & Purchasing Power

The median household income in Milford is $63,750 annually.

Compare with Other Cities

View all cities in New York

Frequently Asked Questions

What is the cost of living index in Milford, NY?

The COL index is 90.3, which is lower than the US average of 100.

What is the median home value in Milford?

The median home value is $137,500.

What is the median rent in Milford?

Data not available.

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