Cost of Living in Milford, OH

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A+
6%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
12%
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 Ohio National
Cost of living9489100
Groceries9997100
Health care9896100
Housing8874100
Transportation9696100
Utilities9396100
Lifestyle & Entertainment9395100
Household Items9997100
Education & Childcare9293100
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Homes For Sale In Milford, OH

property for sale

5606 Beech Grove Dr

Milford, OH
property for sale

Binning Rd

Milford, OH
property for sale

5927 Castlewood Xing

Milford, OH
property for sale

200 Gateway Dr Unit H

Milford, OH
See the Newest Homes For Sale In Milford, OH

Cost Of Living Quick Facts

  • The cost of living in Milford is 5% higher than the Ohio average
  • The cost of living in Milford is 6% lower than the national average
  • Milford housing is 12% lower than the national average
  • Ohio general sales tax is 13% higher than the national average
  • Ohio state income tax is 6% higher than the national average

Most Affordable Places to Live in and Around Milford

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Compare Milford, OH Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$129,601$10,800$3,024$3,888
      Renters$57,415$4,785$1,340$1,723
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Milford, OH, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Milford homeowners, is $129,601. This would allow for a maximum of $3,024 per month to be spent on housing costs. For renters, the median monthly income is $57,415 which would result in a maximum of $1,340 to be spent on rental costs.

      Ohio Sales Tax

      State General Sales Tax With Max Surtax
      Ohio 5.75% 8%

      Ohio Income Tax

      State Income Tax (Low) Income Tax (High)
      Ohio 2.76% 3.99%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Plainville, OH159973.4%
      Dillonvale village, OH6678020.2%
      Elmwood Place, OH2,1328019.8%
      Arlington Heights, OH8558218.1%
      Lincoln Heights, OH3,4788217.9%
      Milford, OH7,049946.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bee Cave, TX7,04914646.0%
      Cumberland, Subd. B, NS7,048n/a 
      Napili-Honokowai, HI7,05018382.8%
      Valley Park, MO7,052991.3%
      Freeland, MI7,053973.4%
      Milford, OH7,049946.3%
      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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