New Milford, CT vs Orange, CT

There is a significant gap in the cost of living between these two cities. New Milford is 22% cheaper than Orange. With a cost index of 105 vs 134, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Milford to Orange should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Milford is $1,422/month compared to $2,016/month in Orange — a 30% difference. Home values follow the same pattern: New Milford is more affordable at $326,200 median vs $466,800.

Median household income in New Milford is $81,170 compared to $145,625 in Orange (-44.3%). While Orange is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of New Milford spend roughly 21% of their income on rent, more than the 16.6% in Orange.