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 113, which is 1.1x higher than the national index of 100.
Compared to Maryland, Milford Mill has a cost of living index that's 0.9x lower than Maryland's index of 121.
The standard of living in Milford Mill ranks as #28 most affordable out of the 195 places we measured in Maryland. By definition, that implies Milford Mill ranks as the #167 most expensive place in the Old Line State.
For more reading on life in Milford Mill, check out:
Milford Mill Cost Of Living Vs. Maryland
Six factors go into calculating the cost of living index in Milford Mill. Here is how it fares on each of the criteria:
The Services index in Milford Mill is 105.
The Groceries index in Milford Mill is 107.
The Health index in Milford Mill is 125.
The Housing index in Milford Mill is 113.
The Transportation index in Milford Mill is 110.
The Utilities index in Milford Mill is 108.
| Living Expense | Milford Mill | Maryland | National Average |
|---|---|---|---|
| Overall | 113 | 121 | 100 |
| Services | 105 | 104 | 100 |
| Groceries | 107 | 107 | 100 |
| Health | 125 | 152 | 100 |
| Housing | 113 | 109 | 100 |
| Transportation | 110 | 108 | 100 |
| Utilities | 108 | 109 | 100 |
Milford Mill Cost Of Living Compared To Maryland Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Maryland, check out:
Protect your home budget Compare home warranties in Milford Mill Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Milford Mill, MD Housing Cost Breakdown
Housing swings affordability the most between places in Maryland, 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 Mill is $279,988.
The Median Rent in Milford Mill is $1,653.
The Median Income in Milford Mill is $69,711.
The Home Value To Income in Milford Mill is 4.0x.
The Rent To Monthly Income in Milford Mill is 0.28x.
| Statistic | Milford Mill | Maryland | United States |
|---|---|---|---|
| Median Home Value | $279,988 | $429,704 | $332,700 |
| Median Rent | $1,653 | $1,705 | $1,413 |
| Median Income | $69,711 | $103,678 | $80,734 |
| Home Value To Income | 4.0x | 4.1x | 4.1x |
| Rent To Monthly Income | 0.28x | 0.2x | 0.21x |
Milford Mill, MD Costs By Category
Detailed Milford Mill Services costs vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $13.69 | $12.13 |
| Bowling | $23.03 | $18 |
| Haircut | $28.33 | $24.26 |
| Beauty Salon | $58.17 | $45.56 |
Detailed Milford Mill Groceries costs vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.46 | $4.93 |
| Pizza | $13.24 | $12.09 |
| Beer | $10.36 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
Detailed Milford Mill Health costs vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
Detailed Milford Mill Transportation costs vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
Detailed Milford Mill Utilities costs vs. Maryland
| Item | Milford Mill | Maryland |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
Milford Mill SnackAbility
Cost Of Living In Cities Around Milford Mill
The cost of living varies in the cities and towns around Milford Mill. Here's a quick look at the cost of living in the most populous nearby places:
Columbia, MD has a cost of living index of 138, 1.2x Milford Mill.
Catonsville, MD has a cost of living index of 125, 1.1x Milford Mill.
Owings Mills, MD has a cost of living index of 119, 1.1x Milford Mill.
| City | Population | Cost Of Living | Vs. Milford Mill |
|---|---|---|---|
| Columbia, MD | 104,338 | 138 | 1.2x |
| Catonsville, MD | 43,368 | 125 | 1.1x |
| Owings Mills, MD | 37,245 | 119 | 1.1x |
| Randallstown, MD | 35,957 | 117 | 1.0x |
| Pikesville, MD | 33,524 | 130 | 1.2x |
| Eldersburg, MD | 31,695 | 134 | 1.2x |
| Ilchester, MD | 28,364 | 139 | 1.2x |
| Lochearn, MD | 27,074 | 111 | 1.0x |
| Elkridge, MD | 26,283 | 134 | 1.2x |
| Reisterstown, MD | 25,582 | 115 | 1.0x |
