Montville, NJ Cost of Living


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Montville cost of living score
136.6
More expensive
36.6% higher
than the US average
14.0% higher
than the New Jersey average
Montville, New Jersey gets a BestPlaces Cost of Living score of 136.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 36.6% higher than the U.S. average and 14.0% lower than the average for New Jersey.

Montville, NJ

Housing costs in Montville?
A typical home costs $727,900, which is 115.3% more expensive than the national average of $338,100 and 68.5% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Montville costs $2,340 per month, which is 63.6% more than the national average of $1,430 and 26.9% more than the state average of $1,710.

Can I afford Montville?
To live comfortably in Montville, New Jersey, a minimum annual income of $139,320 for a family, and $78,000 for a single person is recommended.

What does A.I. say about Montville?
Montville, NJ is a great place to live with a reasonable cost of living. The median home value in Montville is around $500,000, which is slightly lower than the average median home value for the state of New Jersey as a whole. The cost of living in Montville is considered to be lower than the national average and can vary based on lifestyle and personal preference. Groceries, gas, and other basic necessities are affordable, while housing prices may make it difficult for some residents to find an affordable place to live. Overall, living in Montville can provide a quality lifestyle without breaking the bank.
   Cost of living score
     CategoriesMontvilleNew JerseyUnited States
  136.6119.8100.0
  108.5105.8100
  99.496.9100.0
  301.1136.4100.0
  $727,900$432,100$338,100
  103.6%109.2%100.0%
  140.7127.7100.0
  143.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Montville
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Over 10 years ago

I enjoy Montville because of its location. It is convenient to all shopping (within 1/2 hour) We are located minutes to Rt's 80, 280, 46, 10, 287 north and  More

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