Cost of Living in Milford city (balance), CT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
165.4
100 = national avg
+65.4 vs national average
Living Wage (1 Adult)
$72,797
per year
Living Wage (Family of 4)
$172,066
per year
Cost Index by Category
Housing211.7
Food134.2
Transportation126.3
Healthcare127.3
Utilities142.9
100 = national average. Higher = more expensive.
The overall cost of living index in Milford city (balance) is 165.4, which is 65.4% above the national average. Housing costs are above the national average at an index of 211.7. A single adult needs to earn approximately $72,797 per year to cover basic expenses.