The housing market plays a significant role in determining the cost of living in Millville, NJ.
In considering a move to Millville, NJ, it’s important to note the key demographics and economic factors. With a population of and a median age of , this area offers a mature demographic profile. The median income stands at , but you should weigh that against a poverty level of and an unemployment rate of . The marriage rate of married families is 37.0%, indicating a stable family structure. Overall, while there are promising income figures, the higher unemployment and poverty levels may warrant further investigation into job opportunities and economic stability in the area.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Millville, NJ.
Living in Millville, NJ could entail higher utility costs. Electricity costs sit at 19.88, while natural gas is priced at 14.01 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 0.0 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Millville, NJ, consider the following factors: