Milltown, NJ vs Woodbridge, NJ

Milltown is moderately more affordable than Woodbridge, with a 9.4% lower cost of living index. Milltown scores 120 compared to 132 for Woodbridge, where the US average is 100. This difference means residents of Woodbridge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Milltown is $1,500/month compared to $2,077/month in Woodbridge — a 28% difference. Interestingly, home values tell a different story: while Milltown has cheaper rent, Woodbridge actually has lower median home values ($361,200 vs $423,000).

Median household income in Milltown is $119,958 compared to $99,718 in Woodbridge (+20.3%). 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 Milltown spend roughly 15% of their income on rent, less than the 25% in Woodbridge.