Manasquan, NJ Cost Of Living

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

Cost Of Living In Manasquan, NJ Summary

Cost of living in Manasquan 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 Manasquan 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 Manasquan is 162, with 100 being the average.

  • The cost of living index in Manasquan is 1.6x higher than the national average.

  • Manasquan ranks as the #216 cheapest in New Jersey out of 251.

  • Manasquan ranks as the #6,023 cheapest out of 6,412 in the US.

  • The median home value in Manasquan is $742,700.

  • The median income in Manasquan is $132,596.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
162
Manasquan's Overall Cost Of Living
1.6x
Higher Than The National Average

What is the cost of living in Manasquan, NJ?

According to the most recent data on the cost of living, Manasquan has an overall cost of living index of 162, which is 1.6x higher than the national index of 100.

Compared to New Jersey, Manasquan has a cost of living index that's 1.5x higher than New Jersey's index of 111.

The standard of living in Manasquan ranks as #216 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Manasquan ranks as the #35 most expensive place in the Garden State.

For more reading on life in Manasquan, check out:

216 out of 251
In New Jersey
6,023 out of 6,412
In America

Manasquan Cost Of Living Vs. New Jersey

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

  • The Services index in Manasquan is 111.

  • The Groceries index in Manasquan is 108.

  • The Health index in Manasquan is 103.

  • The Housing index in Manasquan is 282.

  • The Transportation index in Manasquan is 107.

  • The Utilities index in Manasquan is 104.

Living Expense Manasquan New Jersey National Average
Overall 162 111 100
Services 111 104 100
Groceries 108 104 100
Health 103 95 100
Housing 282 130 100
Transportation 107 106 100
Utilities 104 108 100
For more reading on cost of living around New Jersey, check out:
Manasquan Cost of Living Vs. NJ

Manasquan, 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 Manasquan is $742,700.

  • The Median Rent in Manasquan is $1,297.

  • The Median Income in Manasquan is $132,596.

  • The Home Value To Income in Manasquan is 5.6x.

  • The Rent To Monthly Income in Manasquan is 0.12x.

Statistic Manasquan New Jersey United States
Median Home Value $742,700 $355,700 $244,900
Median Rent $1,297 $1,436 $1,163
Median Income $132,596 $89,703 $69,021
Home Value To Income 5.6x 4.0x 3.5x
Rent To Monthly Income 0.12x 0.19x 0.2x
Search Homes For Sale In Manasquan, NJ
$742,700
Median Home Value
$1,297
Median Rent
$132,596
Median Income

Manasquan, NJ Costs By Category

Detailed Manasquan Services Costs Vs. New Jersey

Item Manasquan 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 Manasquan Groceries Costs Vs. New Jersey

Item Manasquan 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 Manasquan Health Costs Vs. New Jersey

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

Detailed Manasquan Transportation Costs Vs. New Jersey

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

Detailed Manasquan Utilities Costs Vs. New Jersey

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

Manasquan SnackAbility

10
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
7
Diversity
4
Safety
8
Amenities
8.5
Education
10
Commute
4

Cost Of Living In Cities Around Manasquan

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

  • Lakewood, NJ has a cost of living index of 136, 0.8x Manasquan.

  • Tinton Falls, NJ has a cost of living index of 126, 0.8x Manasquan.

  • Point Pleasant, NJ has a cost of living index of 132, 0.8x Manasquan.

City Population Cost Of Living Vs. Manasquan
Lakewood, NJ 66,752 136 0.8x
Tinton Falls, NJ 19,053 126 0.8x
Point Pleasant, NJ 18,839 132 0.8x
West Freehold, NJ 14,565 136 0.8x
Freehold, NJ 12,485 119 0.7x
Pine Lake Park, NJ 9,148 117 0.7x
Lincroft, NJ 6,812 139 0.9x
Ramtown, NJ 6,540 128 0.8x
Fair Haven, NJ 6,235 189 1.2x
Little Silver, NJ 6,103 178 1.1x

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