Cost of living in Beckett 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 Beckett 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 Beckett is 113, with 100 being the average.
The cost of living index in Beckett is 1.1x higher than the national average.
Beckett ranks as the #52 cheapest in New Jersey out of 251.
Beckett ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Beckett is $247,700.
The median income in Beckett is $118,210.
According to the most recent data on the cost of living, Beckett has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Beckett has a cost of living index that's 1.0x higher than New Jersey's index of 111.
The standard of living in Beckett ranks as #52 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Beckett ranks as the #199 most expensive place in the Garden State.
For more reading on life in Beckett, check out:
Six factors go into calculating the cost of living index in Beckett. Here is how it fairs on each of the criteria:
The Services index in Beckett is 110.
The Groceries index in Beckett is 124.
The Health index in Beckett is 112.
The Housing index in Beckett is 117.
The Transportation index in Beckett is 111.
The Utilities index in Beckett is 85.
Living Expense | Beckett | New Jersey | National Average | |
---|---|---|---|---|
Overall | 113 | 111 | 100 | |
Services | 110 | 104 | 100 | |
Groceries | 124 | 104 | 100 | |
Health | 112 | 95 | 100 | |
Housing | 117 | 130 | 100 | |
Transportation | 111 | 106 | 100 | |
Utilities | 85 | 108 | 100 |
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 Beckett is $247,700.
The Median Rent in Beckett is $1,850.
The Median Income in Beckett is $118,210.
The Home Value To Income in Beckett is 2.1x.
The Rent To Monthly Income in Beckett is 0.19x.
Statistic | Beckett | New Jersey | United States |
---|---|---|---|
Median Home Value | $247,700 | $355,700 | $244,900 |
Median Rent | $1,850 | $1,436 | $1,163 |
Median Income | $118,210 | $89,703 | $69,021 |
Home Value To Income | 2.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Item | Beckett | New Jersey |
---|---|---|
Shampoo | $1.13 | $1.06 |
Movie | $12.88 | $10.68 |
Bowling | $16.5 | $14.67 |
Haircut | $21.56 | $18.62 |
Beauty Salon | $40.11 | $39.05 |
Item | Beckett | New Jersey |
---|---|---|
Ground Beef | $4.69 | $4.22 |
Fried Chicken | $1.91 | $1.39 |
Milk | $2.54 | $2.05 |
Potatoes | $4.51 | $3.29 |
Pizza | $9.74 | $10.62 |
Beer | $8.74 | $9.38 |
Toothpaste | $2.86 | $2.34 |
Item | Beckett | New Jersey |
---|---|---|
Optometrist | $102.08 | $108.57 |
Doctor | $109.17 | $116.17 |
Dentist | $133.33 | $99.13 |
Item | Beckett | New Jersey |
---|---|---|
Gasoline | $2.16 | $2.22 |
Tire Balancing | $73.33 | $50.07 |
Item | Beckett | New Jersey |
---|---|---|
All Electricity | $129.7 | $167.67 |
Phone | $176.59 | $175.64 |
The cost of living varies in the cities and towns around Beckett. Here's a quick look at the cost of living in the most populous nearby places:
Chester, PA has a cost of living index of 93, 0.8x Beckett.
Drexel Hill, PA has a cost of living index of 108, 1.0x Beckett.
Ardmore, PA has a cost of living index of 126, 1.1x Beckett.
City | Population | Cost Of Living | Vs. Beckett |
---|---|---|---|
Chester, PA | 32,819 | 93 | 0.8x |
Drexel Hill, PA | 28,538 | 108 | 1.0x |
Ardmore, PA | 14,391 | 126 | 1.1x |
Broomall, PA | 10,978 | 126 | 1.1x |
Claymont, DE | 9,508 | 110 | 1.0x |
Village Green-Green Ridge, PA | 8,592 | 112 | 1.0x |
Folsom, PA | 8,430 | 111 | 1.0x |
Carneys Point, NJ | 8,091 | 106 | 0.9x |
Haddon Heights, NJ | 7,453 | 119 | 1.1x |
Swarthmore, PA | 6,560 | 131 | 1.2x |