What is the cost of living in Milford, NH?
According to the most recent data on the cost of living, Milford has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to New Hampshire, Milford has a cost of living index that's 1.0x higher than New Hampshire's index of 111.
The standard of living in Milford ranks as #13 most affordable out of the 25 places we measured in New Hampshire. By definition, that implies Milford ranks as the #12 most expensive place in the Granite State.
For more reading on life in Milford, check out:
Milford Cost Of Living Vs. New Hampshire
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 105.
The Groceries index in Milford is 106.
The Health index in Milford is 135.
The Housing index in Milford is 102.
The Transportation index in Milford is 107.
The Utilities index in Milford is 101.
| Living Expense | Milford | New Hampshire | National Average |
|---|---|---|---|
| Overall | 113 | 111 | 100 |
| Services | 105 | 103 | 100 |
| Groceries | 106 | 105 | 100 |
| Health | 135 | 126 | 100 |
| Housing | 102 | 104 | 100 |
| Transportation | 107 | 108 | 100 |
| Utilities | 101 | 102 | 100 |
Milford Cost Of Living Compared To New Hampshire Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Hampshire, check out:
- Most Expensive Cities In New Hampshire
- Most Affordable Cities In New Hampshire
- Average Rent In New Hampshire
Source: Cost-of-living index 2026, normalized to US average = 100
Milford, NH Housing Cost Breakdown
Housing swings affordability the most between places in New Hampshire, 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 $508,125.
The Median Rent in Milford is $1,557.
The Median Income in Milford is $78,684.
The Home Value To Income in Milford is 6.5x.
The Rent To Monthly Income in Milford is 0.24x.
| Statistic | Milford | New Hampshire | United States |
|---|---|---|---|
| Median Home Value | $508,125 | $507,347 | $332,700 |
| Median Rent | $1,557 | $1,491 | $1,413 |
| Median Income | $78,684 | $99,031 | $80,734 |
| Home Value To Income | 6.5x | 5.1x | 4.1x |
| Rent To Monthly Income | 0.24x | 0.18x | 0.21x |
Milford, NH Costs By Category
Detailed Milford Services costs vs. New Hampshire
| Item | Milford | New Hampshire |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $25.44 | $18 |
| Haircut | $26.58 | $24.26 |
| Beauty Salon | $67.97 | $45.56 |
Detailed Milford Groceries costs vs. New Hampshire
| Item | Milford | New Hampshire |
|---|---|---|
| Ground Beef | $5.47 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.66 | $12.09 |
| Beer | $9.82 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
Detailed Milford Health costs vs. New Hampshire
| Item | Milford | New Hampshire |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Milford Transportation costs vs. New Hampshire
| Item | Milford | New Hampshire |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Milford Utilities costs vs. New Hampshire
| Item | Milford | New Hampshire |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Milford SnackAbility
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:
Manchester, NH has a cost of living index of 112, 1.0x Milford.
Nashua, NH has a cost of living index of 117, 1.0x Milford.
Fitchburg, MA has a cost of living index of 113, 1.0x Milford.
| City | Population | Cost Of Living | Vs. Milford |
|---|---|---|---|
| Manchester, NH | 115,643 | 112 | 1.0x |
| Nashua, NH | 91,294 | 117 | 1.0x |
| Fitchburg, MA | 41,798 | 113 | 1.0x |
| Londonderry, NH | 12,225 | 126 | 1.1x |
| Hudson, NH | 7,469 | 112 | 1.0x |
| South Hooksett, NH | 5,902 | 116 | 1.0x |
| East Merrimack, NH | 5,081 | 110 | 1.0x |
