Milford, NH vs Somersworth, NH
Milford, NH and Somersworth, NH have a very similar cost of living, with only a 1.1% difference in their overall index. Milford scores 107 while Somersworth scores 106 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 $1,388/month compared to $1,410/month in Somersworth — a 2% difference. Interestingly, home values tell a different story: while Milford has cheaper rent, Somersworth actually has lower median home values ($295,800 vs $337,900).
Median household income in Milford is $81,042 compared to $79,677 in Somersworth (+1.7%). 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 20.6% of their income on rent, less than the 21.2% in Somersworth.
Climate-wise, both cities share similar average temperatures (50.1°F vs 47.7°F). Somersworth receives more rainfall at 41.2" per year compared to 40.4" in Milford.
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