Milford, IA vs Webster City, IA

Webster City is moderately more affordable than Milford, with a 8.3% lower cost of living index. Milford scores 74 compared to 68 for Webster City, 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 $878/month in Webster City — a 8% difference. Interestingly, home values tell a different story: while Milford has cheaper rent, Webster City actually has lower median home values ($115,400 vs $211,000).

Median household income in Milford is $60,571 compared to $65,844 in Webster City (-8%). Webster City 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% in Webster City.

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