Cost of Living in Milford

Cost of living in Milford, can vary depending on the specific area and lifestyle choices. Housing prices in Milford have been on the rise, reflecting the general trend in the real estate market. For 3-bedroom homes, prices typically range from $300,000 to $500,000, depending on the location, age, and condition of the property. Larger 4-bedroom homes can command higher prices, often ranging from $400,000 to $600,000 or more for homes with more amenities or in more desirable neighborhoods.

Apartment rentals in Milford also vary widely. A 1-bedroom apartment can cost anywhere from $1,200 to $1,800 per month, while a 2-bedroom apartment can range from $1,600 to $2,200 per month. For those interested in purchasing an apartment or a condominium, prices can range from $150,000 to $300,000, depending on the size, location, and condition of the unit.

When it comes to dining out, Milford offers a variety of restaurants ranging from casual eateries to upscale dining experiences. A meal at an inexpensive restaurant might cost around $15 per person, while a three-course meal at a mid-range restaurant could be around $50 to $70 per person. Fast food prices are consistent with national averages, with a combo meal typically costing around $8 to $10.

Utilities for a standard 85m² apartment in Milford, including electricity, heating, cooling, water, and garbage, can range from $150 to $250 per month, depending on usage and the time of year. Internet services can add an additional $60 to $100 per month.

Private school tuition in Milford can be a significant expense for families. Preschool costs can range from $800 to $1,500 per month. Elementary private schools can cost between $5,000 and $10,000 per year, while middle and high school tuitions can be higher, often ranging from $10,000 to $25,000 per year, depending on the institution's reputation and the programs offered.