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Hawthorne, NJ vs Milltown, NJ

136
Hawthorne
New Jersey
VS
+13.5%
120
Milltown
New Jersey

Milltown is moderately more affordable than Hawthorne, with a 13.5% lower cost of living index. Hawthorne scores 136 compared to 120 for Milltown, where the US average is 100. This difference means residents of Hawthorne can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hawthorne is $1,828/month compared to $1,500/month in Milltown — a 22% difference. Home values follow the same pattern: Milltown is more affordable at $423,000 median vs $499,200.

Median household income in Hawthorne is $118,093 compared to $119,958 in Milltown (-1.6%). Milltown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hawthorne spend roughly 18.6% of their income on rent, more than the 15% in Milltown.

Income & Cost

Cost of Living Index
Hawthorne
136
Milltown
120
12% cheaper
Median Household Income
Hawthorne
$118,093
Milltown
$119,958
2% higher

Housing

Median Rent
Hawthorne
$1,828
Milltown
$1,500
18% cheaper
Median Home Value
Hawthorne
$499,200
Milltown
$423,000
15% cheaper
Population
Hawthorne
19,472
Milltown
6,994

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hawthorne $3.32
Milltown $3.32
US $3.07
🥚
Eggs (grade A, large)
Hawthorne $2.71
Milltown $2.71
US $2.50
🥛
Milk (whole)
Hawthorne $4.36
Milltown $4.36
US $4.03
🍞
Bread (white)
Hawthorne $2.00
Milltown $2.00
US $1.85
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Chicken breast
Hawthorne $4.49
Milltown $4.49
US $4.14
Electricity
Hawthorne $0.24
Milltown $0.24
US $0.19