What is the cost of living in Milford, OH?
According to the most recent data on the cost of living, Milford has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Ohio, Milford has a cost of living index that's 1.1x higher than Ohio's index of 90.
The standard of living in Milford ranks as #191 most affordable out of the 284 places we measured in Ohio. By definition, that implies Milford ranks as the #93 most expensive place in the Buckeye State.
For more reading on life in Milford, check out:
Milford Cost Of Living Vs. Ohio
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 97.
The Health index in Milford is 89.
The Housing index in Milford is 97.
The Transportation index in Milford is 91.
The Utilities index in Milford is 94.
| Living Expense | Milford | Ohio | National Average |
|---|---|---|---|
| Overall | 95 | 90 | 100 |
| Services | 99 | 97 | 100 |
| Groceries | 97 | 97 | 100 |
| Health | 89 | 75 | 100 |
| Housing | 97 | 97 | 100 |
| Transportation | 91 | 95 | 100 |
| Utilities | 94 | 97 | 100 |
Milford Cost Of Living Compared To Ohio Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Ohio, check out:
Protect your home budget Compare home warranties in Milford Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Milford, OH Housing Cost Breakdown
Housing swings affordability the most between places in Ohio, 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 $331,271.
The Median Rent in Milford is $940.
The Median Income in Milford is $78,057.
The Home Value To Income in Milford is 4.2x.
The Rent To Monthly Income in Milford is 0.14x.
Milford, OH Costs By Category
Detailed Milford Services costs vs. Ohio
Detailed Milford Groceries costs vs. Ohio
Detailed Milford Health costs vs. Ohio
Detailed Milford Transportation costs vs. Ohio
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:
Mason, OH has a cost of living index of 117, 1.2x Milford.
Monfort Heights, OH has a cost of living index of 94, 1.0x Milford.
Montgomery, OH has a cost of living index of 122, 1.3x Milford.
| City | Population | Cost Of Living | Vs. Milford |
|---|---|---|---|
| Mason, OH | 35,509 | 117 | 1.2x |
| Monfort Heights, OH | 12,441 | 94 | 1.0x |
| Montgomery, OH | 10,855 | 122 | 1.3x |
| Forestville, OH | 10,831 | 106 | 1.1x |
| Madeira, OH | 9,484 | 118 | 1.2x |
| Wyoming, OH | 8,723 | 116 | 1.2x |
| Kenwood, OH | 8,326 | 108 | 1.1x |
| Dry Run, OH | 7,687 | 116 | 1.2x |
| Covedale, OH | 6,500 | 96 | 1.0x |
