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Meridian, PA vs Milford, PA

91
Meridian
Pennsylvania
VS
-16.3%
109
Milford
Pennsylvania

There is a significant gap in the cost of living between these two cities. Meridian is 16.3% cheaper than Milford. With a cost index of 91 vs 109, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Meridian to Milford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Meridian is $1,281/month compared to $1,504/month in Milford — a 15% difference. Home values follow the same pattern: Meridian is more affordable at $231,000 median vs $361,000.

Median household income in Meridian is $70,250 compared to $75,536 in Milford (-7%). Milford 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 Meridian spend roughly 21.9% of their income on rent, less than the 23.9% in Milford.

Income & Cost

Cost of Living Index
Meridian
91
16% cheaper
Milford
109
Median Household Income
Meridian
$70,250
Milford
$75,536
7% higher

Housing

Median Rent
Meridian
$1,281
15% cheaper
Milford
$1,504
Median Home Value
Meridian
$231,000
36% cheaper
Milford
$361,000
Population
Meridian
3,809
Milford
1,275

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Meridian $3.01
Milford
US $3.07
🥚
Eggs (grade A, large)
Meridian $2.46
Milford
US $2.50
🥛
Milk (whole)
Meridian $3.96
Milford
US $4.03
🍞
Bread (white)
Meridian $1.82
Milford
US $1.85
🍗
Chicken breast
Meridian $4.07
Milford
US $4.14
Electricity
Meridian $0.22
Milford
US $0.19