Milford, IL vs Tower Hill, IL

Milford, IL and Tower Hill, IL have a very similar cost of living, with only a 3.3% difference in their overall index. Milford scores 61 while Tower Hill scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Milford is $714/month compared to $792/month in Tower Hill — a 10% difference. Interestingly, home values tell a different story: while Milford has cheaper rent, Tower Hill actually has lower median home values ($61,300 vs $65,300).

Median household income in Milford is $45,000 compared to $52,917 in Tower Hill (-15%). While Tower Hill 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 19% of their income on rent, more than the 18% in Tower Hill.

Climate-wise, both cities share similar average temperatures (52.3°F vs 53.1°F). Milford receives more rainfall at 40.4" per year compared to 36.4" in Tower Hill.