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Milford, MI vs Mount Clemens, MI

95
Milford
Michigan
VS
+25.9%
75
Mount Clemens
Michigan

There is a significant gap in the cost of living between these two cities. Mount Clemens is 25.9% cheaper than Milford. With a cost index of 75 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mount Clemens to Milford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milford is $1,058/month compared to $899/month in Mount Clemens — a 18% difference. Home values follow the same pattern: Mount Clemens is more affordable at $169,000 median vs $348,600.

Median household income in Milford is $102,521 compared to $57,663 in Mount Clemens (+77.8%). While Milford 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 12.4% of their income on rent, less than the 18.7% in Mount Clemens.

Income & Cost

Cost of Living Index
Milford
95
Mount Clemens
75
21% cheaper
Median Household Income
Milford
$102,521
44% higher
Mount Clemens
$57,663

Housing

Median Rent
Milford
$1,058
Mount Clemens
$899
15% cheaper
Median Home Value
Milford
$348,600
Mount Clemens
$169,000
52% cheaper
Population
Milford
6,467
Mount Clemens
15,567

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Milford $3.00
Mount Clemens $3.00
US $3.07
🥚
Eggs (grade A, large)
Milford $2.45
Mount Clemens $2.45
US $2.50
🥛
Milk (whole)
Milford $3.94
Mount Clemens $3.94
US $4.03
🍞
Bread (white)
Milford $1.81
Mount Clemens $1.81
US $1.85
🍗
Chicken breast
Milford $4.06
Mount Clemens $4.06
US $4.14
Electricity
Milford $0.20
Mount Clemens $0.20
US $0.19