Housing costs in Milmay?
A typical home costs
$314,000, which is 7.1% less expensive than the national average of
$338,100 and 27.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Milmay costs
$1,810 per month, which is 26.6% more than the national average of
$1,430 and 5.5% more than the state average of
$1,710.
Can I afford Milmay?
To live comfortably in Milmay (zip 08340), New Jersey, a minimum annual income of
$60,120 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Milmay?
The cost of living in Milmay, NJ (08340) is quite reasonable. The median home price in Milmay is around $150,000, and rental prices tend to stay around the same level. Utility costs for electricity, gas, water, etc. are also affordable compared to other areas in the state. In addition to low housing costs and utilities, food and entertainment expenses are also lower than average in this area due to Milmay’s rural location. All factors considered, Milmay offers an affordable cost of living that makes it a great place for anyone looking for a budget-friendly place to call home!