Cost of Living in Millville, NJ
Population: 27,432 | New Jersey
Millville is 14% less expensive than the national average.
Cost of Living in Millville, NJ: What You Need to Know
With a cost of living index of 86, Millville, NJ is a very affordable place to live. Living here is 14% cheaper than the national average and 42% below the New Jersey state average of 128. With a population of 27,432, Millville is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.
Housing costs are the biggest factor in Millville's cost of living. The median monthly rent is $1,207 (8% below the US median of $1,319), and the median home value sits at $199,300 (35% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.
The median household income in Millville is $67,190, which is 11% lower than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Vineland, NJ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $67,190
- vs US Median ($75,149)
- -11%
Housing
- Median Rent
- $1,207/mo
- Median Home Value
- $199,300
- Median Monthly Housing Cost
- $1,312/mo
Everyday Prices in Millville
BLS Average Prices for the Vineland, NJ (Metropolitan Statistical Area) area