Cost of Living in Milltown, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
180.7
100 = national avg
+80.7 vs national average
Living Wage (1 Adult)
$79,527
per year
Living Wage (Family of 4)
$187,973
per year
Cost Index by Category
Housing218.0
Food141.7
Transportation183.4
Healthcare133.3
Utilities148.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,978
per month
2 Bedroom
$2,486
per month
The overall cost of living index in Milltown is 180.7, which is 80.7% above the national average. Housing costs are above the national average at an index of 218.0. A single adult needs to earn approximately $79,527 per year to cover basic expenses.