Milford Center, OH vs New Concord, OH

There is a significant gap in the cost of living between these two cities. New Concord is 16.1% cheaper than Milford Center. With a cost index of 73 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Concord to Milford Center should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milford Center is $1,191/month compared to $824/month in New Concord — a 45% difference. Interestingly, home values tell a different story: while New Concord has cheaper rent, Milford Center actually has lower median home values ($190,200 vs $194,400).

Median household income in Milford Center is $91,667 compared to $72,120 in New Concord (+27.1%). While Milford Center is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Milford Center spend roughly 15.6% of their income on rent, more than the 13.7% in New Concord.

Climate-wise, both cities share similar average temperatures (52.4°F vs 52.9°F). New Concord receives more rainfall at 38.6" per year compared to 35.8" in Milford Center.