Millville, NJ vs Pennsville, NJ
Millville, NJ and Pennsville, NJ have a very similar cost of living, with only a 2.9% difference in their overall index. Millville scores 86 while Pennsville scores 88 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Millville is $1,207/month compared to $1,225/month in Pennsville — a 2% difference. Interestingly, home values tell a different story: while Millville has cheaper rent, Pennsville actually has lower median home values ($188,100 vs $199,300).
Median household income in Millville is $67,190 compared to $75,162 in Pennsville (-10.6%). While Pennsville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Millville spend roughly 21.6% of their income on rent, more than the 19.6% in Pennsville.
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