Cost of living in Milford
Milford, located in Pennsylvania, United States, offers a unique blend of small-town charm and accessibility to larger urban areas. Understanding the cost of living in Milford is crucial for both current residents and those considering a move to this picturesque town.
This guide provides a detailed breakdown of the expenses you can expect in Milford, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $19 on average, with a range between $18 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $50 to $70.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2 to $4, imported beer $3 to $5, cappuccino $4, and Coke/Pepsi $1 to $2.
Grocery Prices
- Milk - Milk is priced between $0.47 and $1.06 per liter, averaging $0.76.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.1 and $2.76, with an average price of $1.93.
- Local Cheese - Local cheese is priced between $15.43 and $17.64 per kg, averaging $16.53.
- Fruits (e.g., Oranges, Bananas) - Oranges cost $2.2 per kg, while bananas range from $1.32 to $2.2 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes and lettuce are priced at $2.2 per kg and $1 per head, respectively.
Transportation
- Fuel (Gasoline) - Gasoline is priced at $0.92 per liter.
- New Car Prices - A Volkswagen Golf or Toyota Corolla costs approximately $25,000.
Housing Costs
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $2500.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2000.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $85 and $100, averaging $92.5.
- Internet - Internet services range from $25 to $55, with an average cost of $40.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Milford offers a relatively affordable cost of living compared to larger cities, with moderate prices in dining and housing.
Grocery prices are competitive, and transportation costs are manageable, especially for those who own a vehicle.
Utilities and internet services are reasonably priced, contributing to the overall affordability of living in Milford.
Conclusion
In conclusion, Milford, PA, presents a balanced cost of living that appeals to families and individuals seeking a quieter lifestyle without sacrificing access to essential amenities.
The town's affordability in housing and everyday expenses makes it an attractive option for those looking to relocate or settle down in a community-oriented environment.