Milford Mill, MD Cost Of Living
What is the cost of living in Milford Mill, MD?
According to the most recent data on the cost of living, Milford Mill has an overall cost of living index of 106 which is 1.1x higher than the national index of 100.
Compared to only Maryland, Milford Mill has a cost of living index that's 0.9x lower than Maryland's index of 120.
The standard of living in Milford Mill ranks as #3,773 most affordable out of the 6,418 places we measured in Maryland. By definition, that implies Milford Mill ranks as the #2,646 most expensive place in the Old Line State.
Milford Mill Cost Of Living Vs. Maryland
| Living Expense | Milford Mill | Maryland | National Average | |
|---|---|---|---|---|
| Overall | 106 | 120 | 100 | |
| Services | 106 | 111 | 100 | |
| Groceries | 113 | 114 | 100 | |
| Health | 85 | 84 | 100 | |
| Housing | 114 | 151 | 100 | |
| Transportation | 100 | 109 | 100 | |
| Utilities | 106 | 108 | 100 | |
Milford Mill, MD Housing Cost Breakdown
Housing swings affordability the most between places in Maryland, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
| Statistic | Milford Mill | Maryland | United States |
|---|---|---|---|
| Median Home Value | $220,500 | $325,400 | $229,800 |
| Median Rent | $1,378 | $1,415 | $1,096 |
| Median Income | $65,229 | $87,063 | $64,994 |
| Home Value To Income | 3.4x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.2x |
Detailed Milford Mill Services Costs Vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $13.19 | $10.68 |
| Bowling | $17.08 | $14.67 |
Detailed Milford Mill Groceries Costs Vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Ground Beef | $4.27 | $4.22 |
| Fried Chicken | $1.66 | $1.39 |
| Milk | $2.39 | $2.05 |
Detailed Milford Mill Health Costs Vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Haircut | $22.28 | $18.62 |
| Beauty Salon | $52.83 | $39.05 |
| Toothpaste | $4.47 | $2.34 |
Detailed Milford Mill Transportation Costs Vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Potatoes | $4.1 | $3.29 |
| Pizza | $11.99 | $10.62 |
| Beer | $9.19 | $9.38 |
| Optometrist | $82.95 | $108.57 |
| Doctor | $93.69 | $116.17 |
| Dentist | $84.98 | $99.13 |
Detailed Milford Mill Utilities Costs Vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Gasoline | $2.15 | $2.22 |
| Tire Balancing | $54.77 | $50.07 |
| All Electricity | $176.72 | $167.67 |
| Phone | $192.13 | $175.64 |
Milford Mill SnackAbility
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Cost Of Living In Cities Around Milford Mill
| City | Population | Cost Of Living | Vs. Milford Mill | Columbia, MD | 105,412 | 129 | 1.2x | Catonsville, MD | 41,592 | 122 | 1.2x | Randallstown, MD | 35,661 | 109 | 1.0x | Owings Mills, MD | 34,711 | 115 | 1.1x | Pikesville, MD | 32,871 | 123 | 1.2x | Eldersburg, MD | 30,550 | 126 | 1.2x | Reisterstown, MD | 27,804 | 112 | 1.1x | Ilchester, MD | 26,873 | 133 | 1.3x | Lochearn, MD | 25,612 | 106 | 1.0x | North Laurel, MD | 24,856 | 129 | 1.2x |
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