Laconia, NH vs Milford, NH

Laconia is moderately more affordable than Milford, with a 7.4% lower cost of living index. Laconia scores 99 compared to 107 for Milford, where the US average is 100. This difference means residents of Milford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Laconia is $1,180/month compared to $1,388/month in Milford — a 15% difference. Home values follow the same pattern: Laconia is more affordable at $308,800 median vs $337,900.

Median household income in Laconia is $68,427 compared to $81,042 in Milford (-15.6%). 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 Laconia spend roughly 20.7% of their income on rent, more than the 20.6% in Milford.

Climate-wise, both cities share similar average temperatures (47.2°F vs 50.1°F). Laconia receives more rainfall at 42" per year compared to 40.4" in Milford.