Milford city (balance), CT vs Naugatuck, CT

There is a significant gap in the cost of living between these two cities. Naugatuck is 28.2% cheaper than Milford city (balance). With a cost index of 95 vs 121, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Naugatuck to Milford city (balance) should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milford city (balance) is $1,820/month compared to $1,309/month in Naugatuck — a 39% difference. Home values follow the same pattern: Naugatuck is more affordable at $241,600 median vs $377,400.

Median household income in Milford city (balance) is $110,126 compared to $92,184 in Naugatuck (+19.5%). The higher salaries in Milford city (balance) partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Milford city (balance) spend roughly 19.8% of their income on rent, more than the 17% in Naugatuck.