City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Milford city (balance) | New York | Difference |
|---|---|---|---|
| Median rent | $1,783/mo | $1,714/mo | 4.0% higher in A |
| Median home value | $361,900 | $732,100 | 50.6% lower in A |
| Median household income | $104,503 | $76,607 | 36.4% higher in A |
| Groceries index | 98.4 | 108.1 | 9.0% lower in A |
| Utilities index | 131.2 | 133.1 | 1.5% lower in A |
| Transportation index | 100.6 | 104.3 | 3.5% lower in A |
| Healthcare index | 103.3 | 104.1 | 0.8% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Milford city (balance), you'd need $107,966 in New York to maintain your standard of living.
Climate, safety, and demographics side by side.
Milford city (balance), CT is about 7.4% cheaper overall than New York, NY, based on our cost-of-living index. Housing costs are roughly 11% lower in Milford city (balance) than in New York. If you earn $80,000 in Milford city (balance), you'd need about $86,373 in New York to keep the same standard of living.