Farmington, NH vs Milford, NH
There is a significant gap in the cost of living between these two cities. Farmington is 20.1% cheaper than Milford. With a cost index of 85 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmington to Milford should plan for substantially higher expenses across most categories.
On the housing front, median rent in Farmington is $957/month compared to $1,388/month in Milford — a 31% difference. Home values follow the same pattern: Farmington is more affordable at $215,100 median vs $337,900.
Median household income in Farmington is $51,094 compared to $81,042 in Milford (-37%). 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 Farmington spend roughly 22.5% of their income on rent, more than the 20.6% in Milford.
Climate-wise, both cities share similar average temperatures (47.7°F vs 50.1°F). Farmington receives more rainfall at 41.2" per year compared to 40.4" in Milford.
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