Cost of living in Berlin 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 Berlin 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 Berlin is 112, with 100 being the average.
The cost of living index in Berlin is 1.1x higher than the national average.
Berlin ranks as the #50 cheapest in New Jersey out of 251.
Berlin ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Berlin is $246,500.
The median income in Berlin is $103,634.
According to the most recent data on the cost of living, Berlin has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Berlin has a cost of living index that's 1.0x higher than New Jersey's index of 111.
The standard of living in Berlin ranks as #50 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Berlin ranks as the #201 most expensive place in the Garden State.
For more reading on life in Berlin, check out:
Six factors go into calculating the cost of living index in Berlin. Here is how it fairs on each of the criteria:
The Services index in Berlin is 107.
The Groceries index in Berlin is 121.
The Health index in Berlin is 103.
The Housing index in Berlin is 119.
The Transportation index in Berlin is 115.
The Utilities index in Berlin is 112.
Living Expense | Berlin | New Jersey | National Average | |
---|---|---|---|---|
Overall | 112 | 111 | 100 | |
Services | 107 | 104 | 100 | |
Groceries | 121 | 104 | 100 | |
Health | 103 | 95 | 100 | |
Housing | 119 | 130 | 100 | |
Transportation | 115 | 106 | 100 | |
Utilities | 112 | 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 Berlin is $246,500.
The Median Rent in Berlin is $1,272.
The Median Income in Berlin is $103,634.
The Home Value To Income in Berlin is 2.4x.
The Rent To Monthly Income in Berlin is 0.15x.
Statistic | Berlin | New Jersey | United States |
---|---|---|---|
Median Home Value | $246,500 | $355,700 | $244,900 |
Median Rent | $1,272 | $1,436 | $1,163 |
Median Income | $103,634 | $89,703 | $69,021 |
Home Value To Income | 2.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Item | Berlin | New Jersey |
---|---|---|
Shampoo | $1.02 | $1.06 |
Movie | $12.0 | $10.68 |
Bowling | $18.8 | $14.67 |
Haircut | $19.66 | $18.62 |
Beauty Salon | $60.55 | $39.05 |
Item | Berlin | New Jersey |
---|---|---|
Ground Beef | $4.57 | $4.22 |
Fried Chicken | $1.6 | $1.39 |
Milk | $2.18 | $2.05 |
Potatoes | $3.66 | $3.29 |
Pizza | $10.67 | $10.62 |
Beer | $8.81 | $9.38 |
Toothpaste | $2.34 | $2.34 |
Item | Berlin | New Jersey |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Berlin | New Jersey |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Berlin | New Jersey |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Berlin. Here's a quick look at the cost of living in the most populous nearby places:
Lindenwold, NJ has a cost of living index of 101, 0.9x Berlin.
Springdale, NJ has a cost of living index of 135, 1.2x Berlin.
Cherry Hill Mall, NJ has a cost of living index of 118, 1.1x Berlin.
City | Population | Cost Of Living | Vs. Berlin |
---|---|---|---|
Lindenwold, NJ | 21,048 | 101 | 0.9x |
Springdale, NJ | 15,393 | 135 | 1.2x |
Cherry Hill Mall, NJ | 13,826 | 118 | 1.1x |
Echelon, NJ | 13,668 | 110 | 1.0x |
Pine Hill, NJ | 10,637 | 103 | 0.9x |
Greentree, NJ | 10,517 | 126 | 1.1x |
Marlton, NJ | 10,491 | 116 | 1.0x |
Ashland, NJ | 9,248 | 117 | 1.0x |
Pitman, NJ | 8,812 | 109 | 1.0x |
Audubon, NJ | 8,693 | 110 | 1.0x |