Cost of Living: South portland, ME vs Milford, MA

Housing

The housing market plays a significant role in determining the cost of living.

Metric South portland Milford
Housing Index 110.0 125.6
Median Home Price $308,000 $373,000
Average Rent (2 BR Apartment) $2141 $2307
Average Rent (2 BR House) $2327 $2508

Housing Comparison: South portland vs Milford

  • The median home price in Milford is higher at $373,000, compared to $308,000 in South portland.
  • In Milford, the rental for a two-bedroom apartment stands at $2,307, while it is $2,141 in South portland.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric South portland Milford
Electricity Price $22.26 $28.15
Natural Gas Price $21.63 $21.62
Other Utilities $250 $258

Utilities Comparison: South portland vs Milford

  • Milford has higher electricity costs at $28.15 per kWh, versus $22.26 in South portland.
  • Natural gas is more expensive in South portland at $21.63 per unit, while it is cheaper at $21.62 in Milford.
  • Milford has higher utility expenses, averaging $258, while South portland averages $250.