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Iselin, NJ vs Milltown, NJ

134
Iselin
New Jersey
VS
+12%
120
Milltown
New Jersey

Milltown is moderately more affordable than Iselin, with a 12% lower cost of living index. Iselin scores 134 compared to 120 for Milltown, where the US average is 100. This difference means residents of Iselin can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Iselin is $2,051/month compared to $1,500/month in Milltown — a 37% difference. Interestingly, home values tell a different story: while Milltown has cheaper rent, Iselin actually has lower median home values ($394,200 vs $423,000).

Median household income in Iselin is $112,615 compared to $119,958 in Milltown (-6.1%). 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 Iselin spend roughly 21.9% of their income on rent, more than the 15% in Milltown.

Income & Cost

Cost of Living Index
Iselin
134
Milltown
120
11% cheaper
Median Household Income
Iselin
$112,615
Milltown
$119,958
6% higher

Housing

Median Rent
Iselin
$2,051
Milltown
$1,500
27% cheaper
Median Home Value
Iselin
$394,200
7% cheaper
Milltown
$423,000
Population
Iselin
19,151
Milltown
6,994

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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