West Freehold, NJ Cost Of Living
Cost Of Living In West Freehold, NJ Summary
Cost of living in West Freehold 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 West Freehold 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 West Freehold is 136, with 100 being the average.
The cost of living index in West Freehold is 1.4x higher than the national average.
West Freehold ranks as the #157 cheapest in New Jersey out of 251.
West Freehold ranks as the #5,458 cheapest out of 6,412 in the US.
The median home value in West Freehold is $413,800.
The median income in West Freehold is $137,819.
Table Of Contents
West Freehold's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in West Freehold, NJ?
According to the most recent data on the cost of living, West Freehold has an overall cost of living index of 136, which is 1.4x higher than the national index of 100.
Compared to New Jersey, West Freehold has a cost of living index that's 1.2x higher than New Jersey's index of 111.
The standard of living in West Freehold ranks as #157 most affordable out of the 251 places we measured in New Jersey. By definition, that implies West Freehold ranks as the #94 most expensive place in the Garden State.
For more reading on life in West Freehold, check out:
- Living In West Freehold
- Search Homes For Sale In West Freehold, NJ
In New Jersey
In America
West Freehold Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in West Freehold. Here is how it fairs on each of the criteria:
The Services index in West Freehold is 114.
The Groceries index in West Freehold is 107.
The Health index in West Freehold is 103.
The Housing index in West Freehold is 191.
The Transportation index in West Freehold is 107.
The Utilities index in West Freehold is 104.
| Living Expense | West Freehold | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 136 | 111 | 100 | |
| Services | 114 | 104 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 103 | 95 | 100 | |
| Housing | 191 | 130 | 100 | |
| Transportation | 107 | 106 | 100 | |
| Utilities | 104 | 108 | 100 | |
West Freehold, 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 West Freehold is $413,800.
The Median Rent in West Freehold is $1,926.
The Median Income in West Freehold is $137,819.
The Home Value To Income in West Freehold is 3.0x.
The Rent To Monthly Income in West Freehold is 0.17x.
| Statistic | West Freehold | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $413,800 | $355,700 | $244,900 |
| Median Rent | $1,926 | $1,436 | $1,163 |
| Median Income | $137,819 | $89,703 | $69,021 |
| Home Value To Income | 3.0x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
West Freehold, NJ Costs By Category
Detailed West Freehold Services Costs Vs. New Jersey
| Item | West Freehold | 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 West Freehold Groceries Costs Vs. New Jersey
| Item | West Freehold | 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 West Freehold Health Costs Vs. New Jersey
| Item | West Freehold | New Jersey |
|---|---|---|
| Optometrist | $101.33 | $108.57 |
| Doctor | $94.5 | $116.17 |
| Dentist | $113.15 | $99.13 |
Detailed West Freehold Transportation Costs Vs. New Jersey
| Item | West Freehold | New Jersey |
|---|---|---|
| Gasoline | $2.26 | $2.22 |
| Tire Balancing | $56.66 | $50.07 |
Detailed West Freehold Utilities Costs Vs. New Jersey
| Item | West Freehold | New Jersey |
|---|---|---|
| All Electricity | $174.26 | $167.67 |
| Phone | $179.87 | $175.64 |
West Freehold SnackAbility
/10
Cost Of Living In Cities Around West Freehold
The cost of living varies in the cities and towns around West Freehold. 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, 1.0x West Freehold.
Tinton Falls, NJ has a cost of living index of 126, 0.9x West Freehold.
Freehold, NJ has a cost of living index of 119, 0.9x West Freehold.
| City | Population | Cost Of Living | Vs. West Freehold |
|---|---|---|---|
| Lakewood, NJ | 66,752 | 136 | 1.0x |
| Tinton Falls, NJ | 19,053 | 126 | 0.9x |
| Freehold, NJ | 12,485 | 119 | 0.9x |
| Robertsville, NJ | 12,365 | 148 | 1.1x |
| Hamilton Square, NJ | 12,244 | 130 | 1.0x |
| Kendall Park, NJ | 10,560 | 131 | 1.0x |
| Twin Rivers, NJ | 8,049 | 114 | 0.8x |
| Yorketown, NJ | 7,316 | 144 | 1.1x |
| Strathmore, NJ | 7,119 | 129 | 0.9x |
| Lincroft, NJ | 6,812 | 139 | 1.0x |
