Cost of Living in Milford, NY

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A+
5%
Overall NAT. AVG.
6%
Groceries NAT. AVG.
40%
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 York National
Cost of living95121100
Groceries106106100
Health care109110100
Housing60144100
Transportation115113100
Utilities110112100
Lifestyle & Entertainment113111100
Household Items104106100
Education & Childcare119118100
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Homes For Sale In Milford, NY

property for sale

6 S Main St

Milford, NY
property for sale

20 Maple St

Milford, NY
property for sale

83 W Main St

Milford, NY

Cost Of Living Quick Facts

  • The cost of living in Milford is 21% lower than the New York average
  • The cost of living in Milford is 5% lower than the national average
  • Milford housing is 40% lower than the national average
  • New York general sales tax is 22% lower than the national average
  • New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Milford

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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$91,809$7,651$2,142$2,755
      Renters$26,574$2,215$620$797

      New York Sales Tax

      State General Sales Tax With Max Surtax
      New York 4% 8.875%

      New York Income Tax

      State Income Tax (Low) Income Tax (High)
      New York 4% 10.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Davenport Center, NY274945.7%
      Schenevus, NY569955.2%
      Laurens, NY204973.0%
      Worcester, NY819991.1%
      West End, NY2,2501010.8%
      Milford, NY326954.9%

      Cities with similar population

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      Biggers, AR3267722.6%
      Midpines, CA32612828.4%
      Redvale, CO3261021.5%
      Bronwood, GA3268218.3%
      Maunaloa, HI32611818.4%
      Milford, NY326954.9%
      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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