Cost of Living in Milford, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.8
100 = national avg
+9.8 vs national average
Living Wage (1 Adult)
$48,306
per year
Living Wage (Family of 4)
$114,179
per year
Cost Index by Category
Housing99.9
Food111.0
Transportation122.1
Healthcare108.8
Utilities106.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$988
per month
2 Bedroom
$1,186
per month
The overall cost of living index in Milford is 109.8, which is 9.8% above the national average. Housing costs are below the national average at an index of 99.9. A single adult needs to earn approximately $48,306 per year to cover basic expenses.