Long Lake, IL vs Milford, IL

The cost of living difference between Long Lake, IL and Milford, IL is dramatic. Milford is 60.8% cheaper than Long Lake, a gap that translates to thousands of dollars per year in household expenses. Long Lake has a cost index of 97 while Milford sits at 61, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Long Lake is $1,529/month compared to $714/month in Milford — a 114% difference. Home values follow the same pattern: Milford is more affordable at $65,300 median vs $185,400.

Median household income in Long Lake is $100,824 compared to $45,000 in Milford (+124.1%). While Long Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Long Lake spend roughly 18.2% of their income on rent, less than the 19% in Milford.

Climate-wise, Milford is notably warmer with an average of 52.3°F compared to 48.3°F in Long Lake. Milford receives more rainfall at 40.4" per year compared to 35.3" in Long Lake.