Cost of Living in Milford, ME
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.8
100 = national avg
-1.2 vs national average
Living Wage (1 Adult)
$43,456
per year
Living Wage (Family of 4)
$102,714
per year
Cost Index by Category
Housing99.5
Food98.8
Transportation97.6
Healthcare99.1
Utilities99.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,061
per month
2 Bedroom
$1,392
per month
The overall cost of living index in Milford is 98.8, which is 1.2% below the national average. Housing costs are below the national average at an index of 99.5. A single adult needs to earn approximately $43,456 per year to cover basic expenses.