East Haven, CT vs Milford city (balance), CT
There is a significant gap in the cost of living between these two cities. East Haven is 16.1% cheaper than Milford city (balance). With a cost index of 102 vs 121, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from East Haven to Milford city (balance) should plan for substantially higher expenses across most categories.
On the housing front, median rent in East Haven is $1,454/month compared to $1,820/month in Milford city (balance) — a 20% difference. Home values follow the same pattern: East Haven is more affordable at $274,900 median vs $377,400.
Median household income in East Haven is $86,498 compared to $110,126 in Milford city (balance) (-21.5%). 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 East Haven spend roughly 20.2% of their income on rent, more than the 19.8% in Milford city (balance).
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