Milford, IA vs Mount Pleasant, IA

Mount Pleasant is moderately more affordable than Milford, with a 8.9% lower cost of living index. Milford scores 74 compared to 68 for Mount Pleasant, where the US average is 100. This difference means residents of Milford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milford is $806/month compared to $773/month in Mount Pleasant — a 4% difference. Home values follow the same pattern: Mount Pleasant is more affordable at $145,600 median vs $211,000.

Median household income in Milford is $60,571 compared to $59,216 in Mount Pleasant (+2.3%). 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 Milford spend roughly 16% of their income on rent, more than the 15.7% in Mount Pleasant.

Climate-wise, Mount Pleasant is notably warmer with an average of 51.9°F compared to 46.8°F in Milford. Mount Pleasant receives more rainfall at 37.9" per year compared to 26.8" in Milford.