Zip 08535 (Millstone Township, NJ) Cost of Living


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Millstone Township cost of living score
129.1
More expensive
29.1% higher
than the US average
7.8% higher
than the New Jersey average
Millstone Township (zip 08535), New Jersey gets a BestPlaces Cost of Living score of 129.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% higher than the U.S. average and 7.8% lower than the average for New Jersey.

Zip 08535 (Millstone Township, NJ)

Housing costs in Millstone Township?
A typical home costs $745,900, which is 120.6% more expensive than the national average of $338,100 and 72.6% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Millstone Township costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 2.4% cheaper than the state average of $1,710.

Can I afford Millstone Township?
To live comfortably in Millstone Township (zip 08535), New Jersey, a minimum annual income of $142,920 for a family, and $53,600 for a single person is recommended.

What does A.I. say about Millstone Township?
The cost of living in 08535 Millstone Township, NJ is quite high. The median home price is over $500,000, and the cost of living index is 110.7 - significantly higher than the national average of 100. Groceries, health care, and transportation costs are all above average as well. However, despite the high cost of living, 08535 Millstone Township remains a desirable place to live with its scenic views and access to amenities such as schools and stores.
   Cost of living score
     CategoriesMillstone TownshipNew JerseyUnited States
  129.1119.8100.0
  108.7105.8100
  98.396.9100.0
  238.7136.4100.0
  $745,900$432,100$338,100
  105.5%109.2%100.0%
  105.0127.7100.0
  140.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime