Housing costs in Millstone Township?
A typical home costs
$757,800, which is 124.1% more expensive than the national average of
$338,100 and 75.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Millstone Township costs
$2,220 per month, which is 55.2% more than the national average of
$1,430 and 23.0% more than the state average of
$1,710.
Can I afford Millstone Township?
To live comfortably in Millstone Township (zip 08510), New Jersey, a minimum annual income of
$145,080 for a family, and
$70,800 for a single person is recommended.
What does A.I. say about Millstone Township?
The cost of living in 08510 Millstone Township, NJ is slightly higher than the national average. Housing costs tend to be quite steep compared to many other areas, with median home values hovering around $400,000 to $500,000. The median household income in this area is also slightly higher than the national average at over $140,000. Other living expenses such as groceries and transportation are on par with what one would expect in New Jersey, coming in slightly higher than the national average but still reasonable. All in all, 08510 Millstone Township offers an affluent lifestyle at a price that may be more expensive than many other locations but still remains attainable for those seeking a high quality of life.