Milford, IA vs Perry, IA

Perry is moderately more affordable than Milford, with a 6.5% lower cost of living index. Milford scores 74 compared to 69 for Perry, 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 $877/month in Perry — a 8% difference. Interestingly, home values tell a different story: while Milford has cheaper rent, Perry actually has lower median home values ($122,100 vs $211,000).

Median household income in Milford is $60,571 compared to $63,983 in Perry (-5.3%). Perry 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 spend roughly 16% of their income on rent, less than the 16.4% in Perry.

Climate-wise, both cities share similar average temperatures (46.8°F vs 48.6°F). Perry receives more rainfall at 35.9" per year compared to 26.8" in Milford.