Milford city (balance), CT vs North Haven, CT

North Haven is moderately more affordable than Milford city (balance), with a 7.8% lower cost of living index. Milford city (balance) scores 121 compared to 112 for North Haven, where the US average is 100. This difference means residents of Milford city (balance) can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milford city (balance) is $1,820/month compared to $1,578/month in North Haven — a 15% difference. Home values follow the same pattern: North Haven is more affordable at $360,100 median vs $377,400.

Median household income in Milford city (balance) is $110,126 compared to $126,807 in North Haven (-13.2%). North Haven offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Milford city (balance) spend roughly 19.8% of their income on rent, more than the 14.9% in North Haven.