Housing costs in Millstone?
A typical home costs
$399,300, which is 18.1% more expensive than the national average of
$338,100 and 7.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Millstone costs
$2,260 per month, which is 58.0% more than the national average of
$1,430 and 24.3% more than the state average of
$1,710.
Can I afford Millstone?
To live comfortably in Millstone, New Jersey, a minimum annual income of
$76,680 for a family, and
$71,600 for a single person is recommended.
What does A.I. say about Millstone?
The cost of living in Millstone Borough, NJ is significantly higher than the national average. The median home value is over $500,000 and the median household income is just over $97,000. This makes it a very affluent area. Groceries and other essentials are also more expensive than most other areas, as well as transportation costs. Renting or purchasing a home in Millstone Borough can be an expensive undertaking for many people. Despite this, there are still plenty of opportunities for those who can afford to live there with good schools, recreation opportunities and access to major cities such as New York City and Philadelphia.