Iselin, NJ Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Iselin, NJ Summary

Cost of living in Iselin research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Iselin is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Iselin is 122, with 100 being the average.

  • The cost of living index in Iselin is 1.2x higher than the national average.

  • Iselin ranks as the #102 cheapest in New Jersey out of 251.

  • Iselin ranks as the #4,905 cheapest out of 6,412 in the US.

  • The median home value in Iselin is $328,400.

  • The median income in Iselin is $103,179.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
122
Iselin's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Iselin, NJ?

According to the most recent data on the cost of living, Iselin has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.

Compared to New Jersey, Iselin has a cost of living index that's 1.1x higher than New Jersey's index of 111.

The standard of living in Iselin ranks as #102 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Iselin ranks as the #149 most expensive place in the Garden State.

For more reading on life in Iselin, check out:

102 out of 251
In New Jersey
4,905 out of 6,412
In America

Iselin Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Iselin. Here is how it fairs on each of the criteria:

  • The Services index in Iselin is 114.

  • The Groceries index in Iselin is 109.

  • The Health index in Iselin is 104.

  • The Housing index in Iselin is 161.

  • The Transportation index in Iselin is 105.

  • The Utilities index in Iselin is 104.

Living Expense Iselin New Jersey National Average
Overall 122 111 100
Services 114 104 100
Groceries 109 104 100
Health 104 95 100
Housing 161 130 100
Transportation 105 106 100
Utilities 104 108 100
For more reading on cost of living around New Jersey, check out:
Iselin Cost of Living Vs. NJ

Iselin, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Iselin is $328,400.

  • The Median Rent in Iselin is $1,880.

  • The Median Income in Iselin is $103,179.

  • The Home Value To Income in Iselin is 3.2x.

  • The Rent To Monthly Income in Iselin is 0.22x.

Statistic Iselin New Jersey United States
Median Home Value $328,400 $355,700 $244,900
Median Rent $1,880 $1,436 $1,163
Median Income $103,179 $89,703 $69,021
Home Value To Income 3.2x 4.0x 3.5x
Rent To Monthly Income 0.22x 0.19x 0.2x
Search Homes For Sale In Iselin, NJ
$328,400
Median Home Value
$1,880
Median Rent
$103,179
Median Income

Iselin, NJ Costs By Category

Detailed Iselin Services Costs Vs. New Jersey

Item Iselin New Jersey
Shampoo $1.03 $1.06
Movie $12.59 $10.68
Bowling $17.73 $14.67
Haircut $20.73 $18.62
Beauty Salon $36.4 $39.05

Detailed Iselin Groceries Costs Vs. New Jersey

Item Iselin New Jersey
Ground Beef $3.87 $4.22
Fried Chicken $1.67 $1.39
Milk $2.41 $2.05
Potatoes $3.09 $3.29
Pizza $11.4 $10.62
Beer $9.19 $9.38
Toothpaste $2.16 $2.34

Detailed Iselin Health Costs Vs. New Jersey

Item Iselin New Jersey
Optometrist $101.33 $108.57
Doctor $94.5 $116.17
Dentist $113.15 $99.13

Detailed Iselin Transportation Costs Vs. New Jersey

Item Iselin New Jersey
Gasoline $2.26 $2.22
Tire Balancing $56.66 $50.07

Detailed Iselin Utilities Costs Vs. New Jersey

Item Iselin New Jersey
All Electricity $174.26 $167.67
Phone $179.87 $175.64

Iselin SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
6
Diversity
9.5
Safety
N/A
Amenities
9
Education
8
Commute
3

Cost Of Living In Cities Around Iselin

The cost of living varies in the cities and towns around Iselin. Here's a quick look at the cost of living in the most populous nearby places:

  • Perth Amboy, NJ has a cost of living index of 113, 0.9x Iselin.

  • Westfield, NJ has a cost of living index of 170, 1.4x Iselin.

  • Rahway, NJ has a cost of living index of 120, 1.0x Iselin.

City Population Cost Of Living Vs. Iselin
Perth Amboy, NJ 55,046 113 0.9x
Westfield, NJ 30,950 170 1.4x
Rahway, NJ 29,582 120 1.0x
South Plainfield, NJ 24,251 126 1.0x
Woodbridge, NJ 21,314 122 1.0x
Colonia, NJ 18,776 127 1.0x
Avenel, NJ 17,132 117 1.0x
Metuchen, NJ 14,883 135 1.1x
Bradley Gardens, NJ 14,798 144 1.2x
Middlesex, NJ 14,513 123 1.0x

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