Milford, DE vs Smyrna, DE

Milford is moderately more affordable than Smyrna, with a 6.7% lower cost of living index. Milford scores 91 compared to 97 for Smyrna, where the US average is 100. This difference means residents of Smyrna can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milford is $1,182/month compared to $1,398/month in Smyrna — a 16% difference. Interestingly, home values tell a different story: while Milford has cheaper rent, Smyrna actually has lower median home values ($273,400 vs $274,600).

Median household income in Milford is $55,265 compared to $70,473 in Smyrna (-21.6%). While Smyrna 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 spend roughly 25.7% of their income on rent, more than the 23.8% in Smyrna.