Milford, DE Cost Of Living

The latest cost of living statistics for Milford. Includes statistics on rent, mortgages, healthcare, and other costs for Milford compared to the state and national averages.

Cost of living in Milford, Delaware

Cost of living in Milford research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Milford is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Delaware, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

103 Cost of living index 1.0x higher vs US
#5 Cheapest in Delaware (of 19)
#2,859 Cheapest in the U.S. (of 6,489)
$343,315 Median home value
$1,260 Median rent
$59,464 Median income
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What is the cost of living in Milford, DE?

According to the most recent data on the cost of living, Milford has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.

Compared to Delaware, Milford has a cost of living index that's 1.0x lower than Delaware's index of 105.

The standard of living in Milford ranks as #5 most affordable out of the 19 places we measured in Delaware. By definition, that implies Milford ranks as the #14 most expensive place in the First State.

For more reading on life in Milford, check out:

Milford Cost Of Living Vs. Delaware

Six factors go into calculating the cost of living index in Milford. Here is how it fares on each of the criteria:

  • The Services index in Milford is 99.

  • The Groceries index in Milford is 102.

  • The Health index in Milford is 111.

  • The Housing index in Milford is 100.

  • The Transportation index in Milford is 102.

  • The Utilities index in Milford is 102.

Living Expense Milford Delaware National Average
Overall 103 105 100
Services 99 99 100
Groceries 102 102 100
Health 111 121 100
Housing 100 99 100
Transportation 102 102 100
Utilities 102 103 100

Milford Cost Of Living Compared To Delaware Averages

Services
Milford 99
Delaware avg 99
Groceries
Milford 102
Delaware avg 102
Health
Milford 111
Delaware avg 121
Housing
Milford 100
Delaware avg 99
Transportation
Milford 102
Delaware avg 102
Utilities
Milford 102
Delaware avg 103

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Delaware, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Milford, DE Housing Cost Breakdown

$343,315Median Home Value
$1,260Median Rent
$59,464Median Income

Housing swings affordability the most between places in Delaware, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Milford is $343,315.

  • The Median Rent in Milford is $1,260.

  • The Median Income in Milford is $59,464.

  • The Home Value To Income in Milford is 5.8x.

  • The Rent To Monthly Income in Milford is 0.25x.

Statistic Milford Delaware United States
Median Home Value $343,315 $402,891 $332,700
Median Rent $1,260 $1,401 $1,413
Median Income $59,464 $84,954 $80,734
Home Value To Income 5.8x 4.7x 4.1x
Rent To Monthly Income 0.25x 0.2x 0.21x

Milford, DE Costs By Category

Detailed Milford Services costs vs. Delaware
Item Milford Delaware
Shampoo $1.2 $1.28
Movie $13.93 $12.13
Bowling $23.28 $18
Haircut $29.11 $24.26
Beauty Salon $52.88 $45.56
Detailed Milford Groceries costs vs. Delaware
Item Milford Delaware
Ground Beef $5.47 $5.84
Fried Chicken $1.34 $1.57
Milk $4.61 $4.67
Potatoes $5.39 $4.93
Pizza $12.81 $12.09
Beer $10.53 $10.41
Toothpaste $3.76 $3.7
Detailed Milford Health costs vs. Delaware
Item Milford Delaware
Optometrist $144.11 $125.68
Doctor $139.66 $135.78
Dentist $132.33 $113.29
Detailed Milford Transportation costs vs. Delaware
Item Milford Delaware
Gasoline $3.4 $3.46
Tire Balancing $57.32 $59.92
Detailed Milford Utilities costs vs. Delaware
Item Milford Delaware
All Electricity $182.13 $193.99
Phone $182.79 $192.25

Milford SnackAbility

6Overall SnackAbility
Jobs 6/10
Housing 8/10
Affordability 4/10
Diversity 9.5/10
Safety 3/10
Amenities 8/10
Education 6/10
Commute 7/10

Cost Of Living In Cities Around Milford

The cost of living varies in the cities and towns around Milford. Here's a quick look at the cost of living in the most populous nearby places:

  • Georgetown, GA has a cost of living index of 100, 1.0x Milford.

City Population Cost Of Living Vs. Milford
Georgetown, GA 11,158 100 1.0x