Bristol, CT vs Milford city (balance), CT

There is a significant gap in the cost of living between these two cities. Bristol is 21.4% cheaper than Milford city (balance). With a cost index of 95 vs 121, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bristol to Milford city (balance) should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bristol is $1,305/month compared to $1,820/month in Milford city (balance) — a 28% difference. Home values follow the same pattern: Bristol is more affordable at $252,300 median vs $377,400.

Median household income in Bristol is $83,458 compared to $110,126 in Milford city (balance) (-24.2%). While Milford city (balance) is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bristol spend roughly 18.8% of their income on rent, less than the 19.8% in Milford city (balance).