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Milford, NE vs Wayne, NE

78
Milford
Nebraska
VS
+11.6%
70
Wayne
Nebraska

Wayne is moderately more affordable than Milford, with a 11.6% lower cost of living index. Milford scores 78 compared to 70 for Wayne, 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 $892/month compared to $707/month in Wayne — a 26% difference. Home values follow the same pattern: Wayne is more affordable at $198,600 median vs $225,200.

Median household income in Milford is $80,997 compared to $52,804 in Wayne (+53.4%). 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 13.2% of their income on rent, less than the 16.1% in Wayne.

Climate-wise, both cities share similar average temperatures (51.5°F vs 49.2°F). Milford receives more rainfall at 29.5" per year compared to 27" in Wayne.

Income & Cost

Cost of Living Index
Milford
78
Wayne
70
10% cheaper
Median Household Income
Milford
$80,997
35% higher
Wayne
$52,804

Housing

Median Rent
Milford
$892
Wayne
$707
21% cheaper
Median Home Value
Milford
$225,200
Wayne
$198,600
12% cheaper
Population
Milford
2,656
Wayne
6,055

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Milford $2.96
Wayne
US $3.07
🥚
Eggs (grade A, large)
Milford $2.41
Wayne
US $2.50
🥛
Milk (whole)
Milford $3.89
Wayne
US $4.03
🍞
Bread (white)
Milford $1.79
Wayne
US $1.85
🍗
Chicken breast
Milford $4.00
Wayne
US $4.14
Electricity
Milford $0.15
Wayne
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Milford 51.5°F
Wayne 49.2°F
Summer High
Milford 87°F
Wayne 86°F
Winter Low
Milford 15°F
Wayne 12°F
Rainfall
Milford 29.5"
Wayne 27"
Rainy Days
Milford 100d
Wayne 98d