Glassboro, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Glassboro, NJ Summary

Cost of living in Glassboro 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 Glassboro 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 Glassboro is 99, with 100 being the average.

  • The cost of living index in Glassboro is 1.0x lower than the national average.

  • Glassboro ranks as the #10 cheapest in New Jersey out of 251.

  • Glassboro ranks as the #3,027 cheapest out of 6,412 in the US.

  • The median home value in Glassboro is $219,900.

  • The median income in Glassboro is $71,608.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
99
Glassboro's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Glassboro, NJ?

According to the most recent data on the cost of living, Glassboro has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.

Compared to New Jersey, Glassboro has a cost of living index that's 0.9x lower than New Jersey's index of 111.

The standard of living in Glassboro ranks as #10 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Glassboro ranks as the #241 most expensive place in the Garden State.

For more reading on life in Glassboro, check out:

10 out of 251
In New Jersey
3,027 out of 6,412
In America

Glassboro Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Glassboro. Here is how it fairs on each of the criteria:

  • The Services index in Glassboro is 99.

  • The Groceries index in Glassboro is 100.

  • The Health index in Glassboro is 93.

  • The Housing index in Glassboro is 103.

  • The Transportation index in Glassboro is 105.

  • The Utilities index in Glassboro is 96.

Living Expense Glassboro New Jersey National Average
Overall 99 111 100
Services 99 104 100
Groceries 100 104 100
Health 93 95 100
Housing 103 130 100
Transportation 105 106 100
Utilities 96 108 100
For more reading on cost of living around New Jersey, check out:
Glassboro Cost of Living Vs. NJ

Glassboro, 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 Glassboro is $219,900.

  • The Median Rent in Glassboro is $1,390.

  • The Median Income in Glassboro is $71,608.

  • The Home Value To Income in Glassboro is 3.1x.

  • The Rent To Monthly Income in Glassboro is 0.23x.

Statistic Glassboro New Jersey United States
Median Home Value $219,900 $355,700 $244,900
Median Rent $1,390 $1,436 $1,163
Median Income $71,608 $89,703 $69,021
Home Value To Income 3.1x 4.0x 3.5x
Rent To Monthly Income 0.23x 0.19x 0.2x
Search Homes For Sale In Glassboro, NJ
$219,900
Median Home Value
$1,390
Median Rent
$71,608
Median Income

Glassboro, NJ Costs By Category

Detailed Glassboro Services Costs Vs. New Jersey

Item Glassboro New Jersey
Shampoo $1.03 $1.06
Movie $10.99 $10.68
Bowling $13.51 $14.67
Haircut $18.79 $18.62
Beauty Salon $36.26 $39.05

Detailed Glassboro Groceries Costs Vs. New Jersey

Item Glassboro New Jersey
Ground Beef $4.23 $4.22
Fried Chicken $1.43 $1.39
Milk $2.48 $2.05
Potatoes $2.69 $3.29
Pizza $10.99 $10.62
Beer $9.0 $9.38
Toothpaste $1.92 $2.34

Detailed Glassboro Health Costs Vs. New Jersey

Item Glassboro New Jersey
Optometrist $113.84 $108.57
Doctor $81.68 $116.17
Dentist $101.93 $99.13

Detailed Glassboro Transportation Costs Vs. New Jersey

Item Glassboro New Jersey
Gasoline $2.25 $2.22
Tire Balancing $58.27 $50.07

Detailed Glassboro Utilities Costs Vs. New Jersey

Item Glassboro New Jersey
All Electricity $155.11 $167.67
Phone $180.04 $175.64

Glassboro SnackAbility

8
/10
Overall SnackAbility
Jobs
7/10
Housing
8.5
Affordability
6
Diversity
9
Safety
7
Amenities
8.5
Education
8.5
Commute
5

Cost Of Living In Cities Around Glassboro

The cost of living varies in the cities and towns around Glassboro. Here's a quick look at the cost of living in the most populous nearby places:

  • Springdale, NJ has a cost of living index of 135, 1.4x Glassboro.

  • Williamstown, NJ has a cost of living index of 102, 1.0x Glassboro.

  • Cherry Hill Mall, NJ has a cost of living index of 118, 1.2x Glassboro.

City Population Cost Of Living Vs. Glassboro
Springdale, NJ 15,393 135 1.4x
Williamstown, NJ 14,947 102 1.0x
Cherry Hill Mall, NJ 13,826 118 1.2x
Greentree, NJ 10,517 126 1.3x
Marlton, NJ 10,491 116 1.2x
Ashland, NJ 9,248 117 1.2x
Clayton, NJ 8,818 102 1.0x
Pitman, NJ 8,812 109 1.1x
Folsom, PA 8,430 111 1.1x
Haddon Heights, NJ 7,453 119 1.2x

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