Woodbridge, NJ Cost Of Living

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

Cost Of Living In Woodbridge, NJ Summary

Cost of living in Woodbridge 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 Woodbridge 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 Woodbridge is 122, with 100 being the average.

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

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

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

  • The median home value in Woodbridge is $305,400.

  • The median income in Woodbridge is $96,919.

Table Of Contents

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

What is the cost of living in Woodbridge, NJ?

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

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

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

For more reading on life in Woodbridge, check out:

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

Woodbridge Cost Of Living Vs. New Jersey

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

  • The Services index in Woodbridge is 115.

  • The Groceries index in Woodbridge is 105.

  • The Health index in Woodbridge is 100.

  • The Housing index in Woodbridge is 150.

  • The Transportation index in Woodbridge is 104.

  • The Utilities index in Woodbridge is 101.

Living Expense Woodbridge New Jersey National Average
Overall 122 111 100
Services 115 104 100
Groceries 105 104 100
Health 100 95 100
Housing 150 130 100
Transportation 104 106 100
Utilities 101 108 100
For more reading on cost of living around New Jersey, check out:
Woodbridge Cost of Living Vs. NJ

Woodbridge, 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 Woodbridge is $305,400.

  • The Median Rent in Woodbridge is $1,891.

  • The Median Income in Woodbridge is $96,919.

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

  • The Rent To Monthly Income in Woodbridge is 0.23x.

Statistic Woodbridge New Jersey United States
Median Home Value $305,400 $355,700 $244,900
Median Rent $1,891 $1,436 $1,163
Median Income $96,919 $89,703 $69,021
Home Value To Income 3.2x 4.0x 3.5x
Rent To Monthly Income 0.23x 0.19x 0.2x
Search Homes For Sale In Woodbridge, NJ
$305,400
Median Home Value
$1,891
Median Rent
$96,919
Median Income

Woodbridge, NJ Costs By Category

Detailed Woodbridge Services Costs Vs. New Jersey

Item Woodbridge 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 Woodbridge Groceries Costs Vs. New Jersey

Item Woodbridge 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 Woodbridge Health Costs Vs. New Jersey

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

Detailed Woodbridge Transportation Costs Vs. New Jersey

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

Detailed Woodbridge Utilities Costs Vs. New Jersey

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

Woodbridge SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
6
Diversity
10
Safety
N/A
Amenities
9
Education
8
Commute
4

Cost Of Living In Cities Around Woodbridge

The cost of living varies in the cities and towns around Woodbridge. 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 Woodbridge.

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

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

City Population Cost Of Living Vs. Woodbridge
Perth Amboy, NJ 55,046 113 0.9x
Westfield, NJ 30,950 170 1.4x
Rahway, NJ 29,582 120 1.0x
Carteret, NJ 25,077 120 1.0x
Colonia, NJ 18,776 127 1.0x
Iselin, NJ 17,684 122 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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