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Milmay, NJ vs Riverton, NJ

90
Milmay
New Jersey
VS
-16.4%
108
Riverton
New Jersey

There is a significant gap in the cost of living between these two cities. Milmay is 16.4% cheaper than Riverton. With a cost index of 90 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milmay to Riverton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milmay is $1,247/month compared to $1,409/month in Riverton — a 12% difference. Home values follow the same pattern: Milmay is more affordable at $235,600 median vs $354,900.

Median household income in Milmay is $60,110 compared to $126,818 in Riverton (-52.6%). While Riverton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Milmay spend roughly 24.9% of their income on rent, more than the 13.3% in Riverton.

Income & Cost

Cost of Living Index
Milmay
90
16% cheaper
Riverton
108
Median Household Income
Milmay
$60,110
Riverton
$126,818
53% higher

Housing

Median Rent
Milmay
$1,247
11% cheaper
Riverton
$1,409
Median Home Value
Milmay
$235,600
34% cheaper
Riverton
$354,900
Population
Milmay
950
Riverton
2,771

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Milmay $3.00
Riverton $3.01
US $3.07
🥚
Eggs (grade A, large)
Milmay $2.44
Riverton $2.46
US $2.50
🥛
Milk (whole)
Milmay $3.94
Riverton $3.95
US $4.03
🍞
Bread (white)
Milmay $1.81
Riverton $1.82
US $1.85
🍗
Chicken breast
Milmay $4.05
Riverton $4.07
US $4.14
Electricity
Milmay $0.20
Riverton $0.23
US $0.19