Cost of living in Dayton 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 Dayton 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 Dayton is 135, with 100 being the average.
The cost of living index in Dayton is 1.4x higher than the national average.
Dayton ranks as the #154 cheapest in New Jersey out of 251.
Dayton ranks as the #5,435 cheapest out of 6,412 in the US.
The median home value in Dayton is $408,900.
The median income in Dayton is $127,975.
According to the most recent data on the cost of living, Dayton has an overall cost of living index of 135, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Dayton has a cost of living index that's 1.2x higher than New Jersey's index of 111.
The standard of living in Dayton ranks as #154 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Dayton ranks as the #97 most expensive place in the Garden State.
For more reading on life in Dayton, check out:
Six factors go into calculating the cost of living index in Dayton. Here is how it fairs on each of the criteria:
The Services index in Dayton is 115.
The Groceries index in Dayton is 105.
The Health index in Dayton is 103.
The Housing index in Dayton is 193.
The Transportation index in Dayton is 106.
The Utilities index in Dayton is 101.
Living Expense | Dayton | New Jersey | National Average | |
---|---|---|---|---|
Overall | 135 | 111 | 100 | |
Services | 115 | 104 | 100 | |
Groceries | 105 | 104 | 100 | |
Health | 103 | 95 | 100 | |
Housing | 193 | 130 | 100 | |
Transportation | 106 | 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 Dayton is $408,900.
The Median Rent in Dayton is $1,869.
The Median Income in Dayton is $127,975.
The Home Value To Income in Dayton is 3.2x.
The Rent To Monthly Income in Dayton is 0.18x.
Statistic | Dayton | New Jersey | United States |
---|---|---|---|
Median Home Value | $408,900 | $355,700 | $244,900 |
Median Rent | $1,869 | $1,436 | $1,163 |
Median Income | $127,975 | $89,703 | $69,021 |
Home Value To Income | 3.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Item | Dayton | 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 | Dayton | 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 | Dayton | New Jersey |
---|---|---|
Optometrist | $101.33 | $108.57 |
Doctor | $94.5 | $116.17 |
Dentist | $113.15 | $99.13 |
Item | Dayton | New Jersey |
---|---|---|
Gasoline | $2.26 | $2.22 |
Tire Balancing | $56.66 | $50.07 |
Item | Dayton | New Jersey |
---|---|---|
All Electricity | $174.26 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Dayton. Here's a quick look at the cost of living in the most populous nearby places:
Colonia, NJ has a cost of living index of 127, 0.9x Dayton.
Princeton Meadows, NJ has a cost of living index of 129, 1.0x Dayton.
Bradley Gardens, NJ has a cost of living index of 144, 1.1x Dayton.
City | Population | Cost Of Living | Vs. Dayton |
---|---|---|---|
Colonia, NJ | 18,776 | 127 | 0.9x |
Princeton Meadows, NJ | 15,491 | 129 | 1.0x |
Bradley Gardens, NJ | 14,798 | 144 | 1.1x |
Middlesex, NJ | 14,513 | 123 | 0.9x |
Mercerville, NJ | 14,234 | 116 | 0.9x |
Franklin Park, NJ | 13,686 | 124 | 0.9x |
Hamilton Square, NJ | 12,244 | 130 | 1.0x |
Martinsville, NJ | 11,980 | 155 | 1.1x |
Kendall Park, NJ | 10,560 | 131 | 1.0x |
Monmouth Junction, NJ | 9,728 | 138 | 1.0x |