Cost of living in Blackwells Mills 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 Blackwells Mills 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 Blackwells Mills is 167, with 100 being the average.
The cost of living index in Blackwells Mills is 1.7x higher than the national average.
Blackwells Mills ranks as the #223 cheapest in New Jersey out of 251.
Blackwells Mills ranks as the #6,093 cheapest out of 6,412 in the US.
The median home value in Blackwells Mills is $640,600.
The median income in Blackwells Mills is $209,855.
According to the most recent data on the cost of living, Blackwells Mills has an overall cost of living index of 167, which is 1.7x higher than the national index of 100.
Compared to New Jersey, Blackwells Mills has a cost of living index that's 1.5x higher than New Jersey's index of 111.
The standard of living in Blackwells Mills ranks as #223 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Blackwells Mills ranks as the #28 most expensive place in the Garden State.
For more reading on life in Blackwells Mills, check out:
Six factors go into calculating the cost of living index in Blackwells Mills. Here is how it fairs on each of the criteria:
The Services index in Blackwells Mills is 114.
The Groceries index in Blackwells Mills is 107.
The Health index in Blackwells Mills is 103.
The Housing index in Blackwells Mills is 312.
The Transportation index in Blackwells Mills is 104.
The Utilities index in Blackwells Mills is 101.
Living Expense | Blackwells Mills | New Jersey | National Average | |
---|---|---|---|---|
Overall | 167 | 111 | 100 | |
Services | 114 | 104 | 100 | |
Groceries | 107 | 104 | 100 | |
Health | 103 | 95 | 100 | |
Housing | 312 | 130 | 100 | |
Transportation | 104 | 106 | 100 | |
Utilities | 101 | 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 Blackwells Mills is $640,600.
The Median Rent in Blackwells Mills is $2,697.
The Median Income in Blackwells Mills is $209,855.
The Home Value To Income in Blackwells Mills is 3.1x.
The Rent To Monthly Income in Blackwells Mills is 0.15x.
Statistic | Blackwells Mills | New Jersey | United States |
---|---|---|---|
Median Home Value | $640,600 | $355,700 | $244,900 |
Median Rent | $2,697 | $1,436 | $1,163 |
Median Income | $209,855 | $89,703 | $69,021 |
Home Value To Income | 3.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Item | Blackwells Mills | 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 |
Item | Blackwells Mills | 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 |
Item | Blackwells Mills | New Jersey |
---|---|---|
Optometrist | $101.33 | $108.57 |
Doctor | $94.5 | $116.17 |
Dentist | $113.15 | $99.13 |
Item | Blackwells Mills | New Jersey |
---|---|---|
Gasoline | $2.26 | $2.22 |
Tire Balancing | $56.66 | $50.07 |
Item | Blackwells Mills | New Jersey |
---|---|---|
All Electricity | $174.26 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Blackwells Mills. Here's a quick look at the cost of living in the most populous nearby places:
Westfield, NJ has a cost of living index of 170, 1.0x Blackwells Mills.
Bradley Gardens, NJ has a cost of living index of 144, 0.9x Blackwells Mills.
Middlesex, NJ has a cost of living index of 123, 0.7x Blackwells Mills.
City | Population | Cost Of Living | Vs. Blackwells Mills |
---|---|---|---|
Westfield, NJ | 30,950 | 170 | 1.0x |
Bradley Gardens, NJ | 14,798 | 144 | 0.9x |
Middlesex, NJ | 14,513 | 123 | 0.7x |
Mercerville, NJ | 14,234 | 116 | 0.7x |
Franklin Park, NJ | 13,686 | 124 | 0.7x |
Hamilton Square, NJ | 12,244 | 130 | 0.8x |
Martinsville, NJ | 11,980 | 155 | 0.9x |
Twin Rivers, NJ | 8,049 | 114 | 0.7x |
Mountainside, NJ | 7,003 | 170 | 1.0x |
Green Knoll, NJ | 6,480 | 141 | 0.8x |