Malden, MA vs Milford, MA

There is a significant gap in the cost of living between these two cities. Milford is 22.9% cheaper than Malden. With a cost index of 123 vs 151, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milford to Malden should plan for substantially higher expenses across most categories.

On the housing front, median rent in Malden is $2,066/month compared to $1,702/month in Milford — a 21% difference. Home values follow the same pattern: Milford is more affordable at $429,800 median vs $607,500.

Median household income in Malden is $95,298 compared to $88,992 in Milford (+7.1%). Malden does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Malden spend roughly 26% of their income on rent, more than the 23% in Milford.

Climate-wise, both cities share similar average temperatures (51.9°F vs 52°F). Milford receives more rainfall at 43.9" per year compared to 43.6" in Malden.