Milford, NH vs Newport, NH

There is a significant gap in the cost of living between these two cities. Newport is 16.4% cheaper than Milford. With a cost index of 92 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newport to Milford should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milford is $1,388/month compared to $1,261/month in Newport — a 10% difference. Home values follow the same pattern: Newport is more affordable at $191,000 median vs $337,900.

Median household income in Milford is $81,042 compared to $75,849 in Newport (+6.8%). Milford 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, more than the 20% in Newport.

Climate-wise, Milford is notably warmer with an average of 50.1°F compared to 45.5°F in Newport. Milford receives more rainfall at 40.4" per year compared to 40.3" in Newport.