Durham, NH vs Milford, NH
Milford is moderately more affordable than Durham, with a 8.8% lower cost of living index. Durham scores 116 compared to 107 for Milford, where the US average is 100. This difference means residents of Durham can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Durham is $1,338/month compared to $1,388/month in Milford — a 4% difference. Interestingly, home values tell a different story: while Durham has cheaper rent, Milford actually has lower median home values ($337,900 vs $451,000).
Median household income in Durham is $109,934 compared to $81,042 in Milford (+35.7%). While Durham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Durham spend roughly 14.6% of their income on rent, less than the 20.6% in Milford.
Climate-wise, Milford is notably warmer with an average of 50.1°F compared to 47.1°F in Durham. Durham receives more rainfall at 47.8" per year compared to 40.4" in Milford.
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