Cost of Living

Cost of Living
in Milford, New Jersey, United States

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Cost of Living Score
The cost of living score is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.
2%
Less than national average
18%
Less than New Jersey average
369th
Most expensive city in New Jersey

Affordability breakdown

About Milford

Milford is a borough located in western Hunterdon County, in the U.S. state of New Jersey. As of the 2020 United States census, the borough's population was 1,232, a decrease of one person (−0.1%) from the 2010 census count of 1,233, which in turn reflected an increase of 38 (+3.2%) from the 1,195 counted in the 2000 census. Milford was incorporated as a borough by an act of the...

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Employment Overview
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Employment Score

156

Employment Rate per Month info

67,544

Labor Force Count info
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Unemployment Score

3%

Unemployment Rate info
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Upward Mobility Score

51.2%

Upward Mobility Rate info

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About the Data

The information above is a sample of data available in ERI Economic Research Institute's Relocation Assessor. Cost of living data are derived from actual housing sales data and extensive research using authoritative online databases for consumables, fuel costs, tax rates, etc. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. The Relocation Assessor includes cost of living differentials for 10,000 areas worldwide and allows for customization based on salary, housing, family size, consumption, services, and travel. Try a free demo of the cloud-based Relocation Assessor.

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