Milford, NH vs Newmarket, NH

Milford is moderately more affordable than Newmarket, with a 10.4% lower cost of living index. Milford scores 107 compared to 119 for Newmarket, where the US average is 100. This difference means residents of Newmarket can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milford is $1,388/month compared to $1,668/month in Newmarket — a 17% difference. Home values follow the same pattern: Milford is more affordable at $337,900 median vs $364,800.

Median household income in Milford is $81,042 compared to $83,871 in Newmarket (-3.4%). Newmarket does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Milford spend roughly 20.6% of their income on rent, less than the 23.9% in Newmarket.

Climate-wise, Milford is notably warmer with an average of 50.1°F compared to 46.9°F in Newmarket. Newmarket receives more rainfall at 47" per year compared to 40.4" in Milford.