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Cost of Living in Milltown, NJ

2025 Affordability Data & Housing Costs

111.8

Cost of Living Index (100 = US Average)

Expensive

Median Home Value

$423,000

Owner-occupied homes (2023 ACS)

Median Household Income

$119,958

Annual (2023 ACS)

Housing Costs

The median home value in Milltown is $423,000, which is higher than the national average. The home price-to-income ratio is 3.5, indicating strong affordability.

Income & Purchasing Power

The median household income in Milltown is $119,958 annually.

Compare with Other Cities

View all cities in New Jersey

Frequently Asked Questions

What is the cost of living index in Milltown, NJ?

The COL index is 111.8, which is higher than the US average of 100.

What is the median home value in Milltown?

The median home value is $423,000.

What is the median rent in Milltown?

Data not available.

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