Cost of Living: Milford city (balance), CT vs Hartford, CT

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,108/mo in Milford city (balance), CT versus $4,108/mo in Hartford, CT. In the model, rent is about 26.52% of gross in Milford city (balance), CT versus 17.79% in Hartford, CT, so Hartford, CT tends to feel more affordable for rent.

Take-home in Milford city (balance), CT
$4,108/mo
Income level: below
Take-home in Hartford, CT
$4,108/mo
Income level: above
Rent share (1BR) in Milford city (balance), CT
26.52%
COLI tier: mid-range
Rent share (1BR) in Hartford, CT
17.79%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Milford city (balance), CT and Hartford, CT.

At a glance

  • Cheaper overall (lower cost-of-living index): Hartford, CT
  • Lower rent (median 1BR/2BR): Hartford, CT
  • Lower home prices: Hartford, CT
  • Higher median household income: Milford city (balance), CT

Cost of Living Index

Milford city (balance), CT: 100 (U.S. = 100) · Hartford, CT: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Milford city (balance), CT: $1,729/mo (midpoint of 1BR/2BR) · Hartford, CT: $1,160/mo

Median rent in Milford city (balance), CT is $569/mo higher than in Hartford, CT.

Median Home Price

Milford city (balance), CT: $377,400 · Hartford, CT: $217,200

Median home price in Milford city (balance), CT is $160,200 higher than in Hartford, CT.

Median Household Income

Milford city (balance), CT: $110,126 · Hartford, CT: $45,300

Milford city (balance), CT has a higher median household income than Hartford, CT by $64,826.

Milford city (balance), CT overview · Hartford, CT overview · Popular comparisons