Cost of Living in Milford, PA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
138.6
100 = national avg
+38.6 vs national average
Living Wage (1 Adult)
$60,965
per year
Living Wage (Family of 4)
$144,098
per year
Cost Index by Category
Housing185.6
Food107.7
Transportation115.5
Healthcare106.2
Utilities121.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,205
per month
2 Bedroom
$1,496
per month
The overall cost of living index in Milford is 138.6, which is 38.6% above the national average. Housing costs are above the national average at an index of 185.6. A single adult needs to earn approximately $60,965 per year to cover basic expenses.