Cost of Living: Milford city (balance), CT vs Stamford, 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 Stamford, CT. In the model, rent is about 26.52% of gross in Milford city (balance), CT versus 32.16% in Stamford, CT, so Milford city (balance), CT tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Milford city (balance), CT and Stamford, CT.
At a glance
- Cheaper overall (lower cost-of-living index): Stamford, CT
- Lower rent (median 1BR/2BR): Milford city (balance), CT
- Lower home prices: Milford city (balance), CT
- Higher median household income: Milford city (balance), CT
Cost of Living Index
Milford city (balance), CT: 100 (U.S. = 100) · Stamford, 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) · Stamford, CT: $2,097/mo
Median rent in Stamford, CT is $368/mo higher than in Milford city (balance), CT.
Median Home Price
Milford city (balance), CT: $377,400 · Stamford, CT: $614,300
Median home price in Stamford, CT is $236,900 higher than in Milford city (balance), CT.
Median Household Income
Milford city (balance), CT: $110,126 · Stamford, CT: $107,474
Milford city (balance), CT has a higher median household income than Stamford, CT by $2,652.
Milford city (balance), CT overview · Stamford, CT overview · Popular comparisons