Cost of Living in Milmay, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

115.8

100 = national avg

+15.8 vs national average

Living Wage (1 Adult)

$50,968

per year

Living Wage (Family of 4)

$120,470

per year

Cost Index by Category

Housing
152.6
Food
95.9
Transportation
91.9
Healthcare
96.8
Utilities
108.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,537

per month

2 Bedroom

$1,867

per month

The overall cost of living index in Milmay is 115.8, which is 15.8% above the national average. Housing costs are above the national average at an index of 152.6. A single adult needs to earn approximately $50,968 per year to cover basic expenses.