Dover, NJ Cost Of Living
Cost Of Living In Dover, NJ Summary
Cost of living in Dover 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 Dover 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 Dover is 118, with 100 being the average.
The cost of living index in Dover is 1.2x higher than the national average.
Dover ranks as the #78 cheapest in New Jersey out of 251.
Dover ranks as the #4,687 cheapest out of 6,412 in the US.
The median home value in Dover is $275,400.
The median income in Dover is $69,434.
Table Of Contents
Dover's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Dover, NJ?
According to the most recent data on the cost of living, Dover has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Dover has a cost of living index that's 1.1x higher than New Jersey's index of 111.
The standard of living in Dover ranks as #78 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Dover ranks as the #173 most expensive place in the Garden State.
For more reading on life in Dover, check out:
- Living In Dover
- Dover Crime Report
- Search Homes For Sale In Dover, NJ
In New Jersey
In America
Dover Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Dover. Here is how it fairs on each of the criteria:
The Services index in Dover is 104.
The Groceries index in Dover is 115.
The Health index in Dover is 102.
The Housing index in Dover is 141.
The Transportation index in Dover is 111.
The Utilities index in Dover is 92.
| Living Expense | Dover | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 118 | 111 | 100 | |
| Services | 104 | 104 | 100 | |
| Groceries | 115 | 104 | 100 | |
| Health | 102 | 95 | 100 | |
| Housing | 141 | 130 | 100 | |
| Transportation | 111 | 106 | 100 | |
| Utilities | 92 | 108 | 100 | |
Dover, 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 Dover is $275,400.
The Median Rent in Dover is $1,591.
The Median Income in Dover is $69,434.
The Home Value To Income in Dover is 4.0x.
The Rent To Monthly Income in Dover is 0.27x.
| Statistic | Dover | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $275,400 | $355,700 | $244,900 |
| Median Rent | $1,591 | $1,436 | $1,163 |
| Median Income | $69,434 | $89,703 | $69,021 |
| Home Value To Income | 4.0x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Dover, NJ Costs By Category
Detailed Dover Services Costs Vs. New Jersey
| Item | Dover | New Jersey |
|---|---|---|
| Shampoo | $1.09 | $1.06 |
| Movie | $12.38 | $10.68 |
| Bowling | $20.56 | $14.67 |
| Haircut | $20.96 | $18.62 |
| Beauty Salon | $45.37 | $39.05 |
Detailed Dover Groceries Costs Vs. New Jersey
| Item | Dover | New Jersey |
|---|---|---|
| Ground Beef | $4.21 | $4.22 |
| Fried Chicken | $1.94 | $1.39 |
| Milk | $2.37 | $2.05 |
| Potatoes | $3.52 | $3.29 |
| Pizza | $11.27 | $10.62 |
| Beer | $8.27 | $9.38 |
| Toothpaste | $2.06 | $2.34 |
Detailed Dover Health Costs Vs. New Jersey
| Item | Dover | New Jersey |
|---|---|---|
| Optometrist | $92.33 | $108.57 |
| Doctor | $99.57 | $116.17 |
| Dentist | $116.16 | $99.13 |
Detailed Dover Transportation Costs Vs. New Jersey
| Item | Dover | New Jersey |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $53.07 | $50.07 |
Detailed Dover Utilities Costs Vs. New Jersey
| Item | Dover | New Jersey |
|---|---|---|
| All Electricity | $147.86 | $167.67 |
| Phone | $179.87 | $175.64 |
Dover SnackAbility
/10
Cost Of Living In Cities Around Dover
The cost of living varies in the cities and towns around Dover. 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, 1.4x Dover.
Oakland, NJ has a cost of living index of 138, 1.2x Dover.
Florham Park, NJ has a cost of living index of 165, 1.4x Dover.
| City | Population | Cost Of Living | Vs. Dover |
|---|---|---|---|
| Westfield, NJ | 30,950 | 170 | 1.4x |
| Oakland, NJ | 12,773 | 138 | 1.2x |
| Florham Park, NJ | 12,655 | 165 | 1.4x |
| Martinsville, NJ | 11,980 | 155 | 1.3x |
| Lincoln Park, NJ | 10,877 | 124 | 1.1x |
| Succasunna, NJ | 9,530 | 134 | 1.1x |
| White Meadow Lake, NJ | 9,069 | 129 | 1.1x |
| Boonton, NJ | 8,770 | 126 | 1.1x |
| Wharton, NJ | 7,175 | 117 | 1.0x |
| Rockaway, NJ | 6,587 | 126 | 1.1x |
