Cost of Living in Milford, NH

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B
13%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
34%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Milford New Hampshire National
Cost of living113110100
Groceries104103100
Health care105104100
Housing134125100
Transportation100103100
Utilities106106100
Lifestyle & Entertainment101103100
Household Items105102100
Education & Childcare108105100
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Homes For Sale In Milford, NH

property for sale

82 Knight St

Milford, NH
property for sale

24 Maple St

Milford, NH
property for sale

55 Woodhawk Dr

Milford, NH
property for sale

39 Great Brook Rd

Milford, NH

Cost Of Living Quick Facts

  • The cost of living in Milford is 3% higher than the New Hampshire average
  • The cost of living in Milford is 13% higher than the national average
  • Milford housing is 34% higher than the national average
  • New Hampshire general sales tax is 100% lower than the national average
  • New Hampshire state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Milford

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      Salary Calculator

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      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$140,560$11,713$3,280$4,217
      Renters$71,126$5,927$1,659$2,134
      The affordability of the housing market in Milford, NH as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Milford homeowners, the median income is $140,560. This indicates that a monthly maximum of $3,280 should be spent by homeowners on all housing related costs. Renters have a median income of $71,126. This indicates that renters would have a maximum of $1,659 for their rent related monthly costs.

      New Hampshire Sales Tax

      State General Sales Tax With Max Surtax
      New Hampshire 0% 0%

      New Hampshire Income Tax

      State Income Tax (Low) Income Tax (High)
      New Hampshire 4% 4%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Bennington, NH270963.6%
      Antrim, NH1,4151032.6%
      Greenville, NH1,0411088.1%
      Pinardville, NH4,8631066.3%
      Peterborough, NH2,80511312.8%
      Milford, NH8,98011312.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Glenshaw, PA8,9801043.6%
      Pitman, NJ8,97911212.1%
      Southside, AL8,981946.4%
      Plymouth, WI8,981936.6%
      Contrecoeur, QC8,977n/a 
      Milford, NH8,98011312.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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