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Millington, NJ vs Ship Bottom, NJ

195
Millington
New Jersey
VS
+24.1%
157
Ship Bottom
New Jersey

There is a significant gap in the cost of living between these two cities. Ship Bottom is 24.1% cheaper than Millington. With a cost index of 157 vs 195, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ship Bottom to Millington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Millington is $3,110/month compared to $1,422/month in Ship Bottom — a 119% difference. Interestingly, home values tell a different story: while Ship Bottom has cheaper rent, Millington actually has lower median home values ($746,800 vs $910,000).

Median household income in Millington is $202,604 compared to $111,250 in Ship Bottom (+82.1%). While Millington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Millington spend roughly 18.4% of their income on rent, more than the 15.3% in Ship Bottom.

Income & Cost

Cost of Living Index
Millington
195
Ship Bottom
157
19% cheaper
Median Household Income
Millington
$202,604
45% higher
Ship Bottom
$111,250

Housing

Median Rent
Millington
$3,110
Ship Bottom
$1,422
54% cheaper
Median Home Value
Millington
$746,800
18% cheaper
Ship Bottom
$910,000
Population
Millington
3,002
Ship Bottom
1,009

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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