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Milford, NJ vs Port Reading, NJ

109
Milford
New Jersey
VS
-3.8%
113
Port Reading
New Jersey

Milford, NJ and Port Reading, NJ have a very similar cost of living, with only a 3.8% difference in their overall index. Milford scores 109 while Port Reading scores 113 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.

When it comes to buying, median home values in Milford are $304,100 compared to $414,900 in Port Reading, a 27% gap.

Median household income in Milford is $88,295 compared to $142,986 in Port Reading (-38.2%). While Port Reading is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Milford
109
4% cheaper
Port Reading
113
Median Household Income
Milford
$88,295
Port Reading
$142,986
38% higher

Housing

Median Rent
Milford
$1,476
Port Reading
Median Home Value
Milford
$304,100
27% cheaper
Port Reading
$414,900
Population
Milford
1,306
Port Reading
3,775

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Milford $3.32
Port Reading $3.32
US $3.07
🥚
Eggs (grade A, large)
Milford $2.71
Port Reading $2.71
US $2.50
🥛
Milk (whole)
Milford $4.36
Port Reading $4.36
US $4.03
🍞
Bread (white)
Milford $2.00
Port Reading $2.00
US $1.85
🍗
Chicken breast
Milford $4.49
Port Reading $4.49
US $4.14
Electricity
Milford $0.24
Port Reading $0.24
US $0.19