The cost of living in Millburn, NJ, significantly exceeds the nationwide average. Housing costs are 89% higher, while groceries, utilities, transportation, and miscellaneous expenses are also above average. Healthcare costs, however, are slightly below the national average at 9% lower. This data highlights the higher expenses job seekers may face in Millburn compared to other areas.
The cost of living in Millburn, New Jersey, is notably higher than the nationwide average, which is set at 100. Housing costs in Millburn stand at 189, indicating that residents pay nearly 90% more than the national average. This significant increase in housing expenses can greatly impact overall living costs, making it a critical factor for job seekers considering relocation to Millburn.
Other expenses in Millburn also exceed the national average. For instance, groceries cost 119, which is 19% higher than the average. Utilities are at 122, reflecting a 22% increase. Transportation costs are 123, which is 23% above the national average. Healthcare costs are slightly below the average, at 109, which means they are 9% lower. Miscellaneous expenses are at 128, showing a 28% increase. These figures highlight that Millburn's cost of living is substantially higher in most categories compared to the national average.