Milford cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMilfordMaineNational
Cost of living index101107100
IndexMilfordMaineNational
Goods & Services index111111100
Groceries index101101100
Health care index113113100
Housing index7294100
Transportation index129129100
Utilities index119119100

Did you know?

  • The cost of living in Milford is 6% lower than the Maine average.
  • The cost of living in Milford is 1% higher than the national average.
  • The cost of housing in Milford is 28% lower than the national average.
  • Maine general sales tax is 8% higher than the national average.
  • Maine state income tax is 100% lower than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,270$4,606$1,290$1,658
Renters$27,875$2,323$650$836

Maine Sales Tax

StateGeneral Sales TaxWith Max Surtax
Maine5.5%5.5%

Maine Income Tax

StateIncome Tax (Low)Income Tax (High)
Maine0%7.95%

Goods & Services

ItemMilfordNational avg.Difference
Haircut $15.62$14.597.0%
Beauty Salon $38.07$34.689.8%
Toothpaste $2.50$2.471.1%
Shampoo $0.99$1.023.1%
Movie $10.12$9.872.6%
Bowling $4.76$4.398.4%

Groceries

ItemMilfordNational avg.Difference
Ground Beef $2.99$4.4833.2%
Fried Chicken $1.59$1.468.6%
Milk $2.19$2.367.1%
Potatoes $3.32$3.068.4%
Pizza $8.68$9.246.1%
Beer $8.99$8.634.1%

Health Care

ItemMilfordNational avg.Difference
Optometrist $142.33$99.7842.6%
Doctor $121.42$105.0315.6%
Dentist $104.81$88.7018.2%
Ibuprofen $8.99$9.414.5%
Lipitor $293.43$298.501.7%

Housing

ItemMilfordNational avg.Difference
Home Price $124,800.00$175,700.0029.0%
Avg. Mortgage Payment $1,251.28$1,081.0315.7%
Apartment Rent $686.00$920.0025.4%

Transportation

ItemMilfordNational avg.Difference
Gasoline $2.71$2.0929.5%
Tire Balancing $58.40$45.2929.0%

Utilities

ItemMilfordNational avg.Difference
All Electricity$242.75$170.8042.1%
Phone $24.69$28.2612.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Old Town, ME7,7561011%
Bangor, ME32,8001044%
Brewer, ME9,3911055%
Orono, ME9,51411010%
Hampden, ME3,94411010%
Milford, ME2,2561011%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Park Falls, WI2,25680-20%
Trinity, AL2,25794-6%
Pojoaque, NM2,25780-20%
Edneyville, NC2,25591-9%
Altamont, IL2,25782-18%
Milford, ME2,2561011%
Source: The Milford, ME cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.