Lebanon, NH vs Milford, NH

Milford is moderately more affordable than Lebanon, with a 11.1% lower cost of living index. Lebanon scores 119 compared to 107 for Milford, where the US average is 100. This difference means residents of Lebanon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lebanon is $1,732/month compared to $1,388/month in Milford — a 25% difference. Home values follow the same pattern: Milford is more affordable at $337,900 median vs $345,100.

Median household income in Lebanon is $92,288 compared to $81,042 in Milford (+13.9%). While Lebanon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lebanon spend roughly 22.5% of their income on rent, more than the 20.6% in Milford.

Climate-wise, Milford is notably warmer with an average of 50.1°F compared to 46°F in Lebanon. Milford receives more rainfall at 40.4" per year compared to 38.1" in Lebanon.