Berea, OH vs Milford, OH
Berea, OH and Milford, OH have a very similar cost of living, with only a 0.3% difference in their overall index. Berea scores 78 while Milford scores 78 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Berea is $981/month compared to $865/month in Milford — a 13% difference. Interestingly, home values tell a different story: while Milford has cheaper rent, Berea actually has lower median home values ($187,600 vs $228,200).
Median household income in Berea is $71,896 compared to $72,907 in Milford (-1.4%). While Milford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Berea spend roughly 16.4% of their income on rent, more than the 14.2% in Milford.
Climate-wise, both cities share similar average temperatures (52.4°F vs 54.8°F). Milford receives more rainfall at 43.4" per year compared to 41" in Berea.
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