Cost of Living in Milford Mill, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
129.5
100 = national avg
+29.5 vs national average
Living Wage (1 Adult)
$56,979
per year
Living Wage (Family of 4)
$134,679
per year
Cost Index by Category
Housing159.0
Food108.6
Transportation117.2
Healthcare106.9
Utilities117.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,511
per month
2 Bedroom
$1,857
per month
The overall cost of living index in Milford Mill is 129.5, which is 29.5% above the national average. Housing costs are above the national average at an index of 159.0. A single adult needs to earn approximately $56,979 per year to cover basic expenses.