Green Knoll, NJ Cost Of Living
Cost Of Living In Green Knoll, NJ Summary
Cost of living in Green Knoll 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 Green Knoll 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 Green Knoll is 141, with 100 being the average.
The cost of living index in Green Knoll is 1.4x higher than the national average.
Green Knoll ranks as the #179 cheapest in New Jersey out of 251.
Green Knoll ranks as the #5,616 cheapest out of 6,412 in the US.
The median home value in Green Knoll is $480,500.
The median income in Green Knoll is $136,034.
Table Of Contents
Green Knoll's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Green Knoll, NJ?
According to the most recent data on the cost of living, Green Knoll has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Green Knoll has a cost of living index that's 1.3x higher than New Jersey's index of 111.
The standard of living in Green Knoll ranks as #179 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Green Knoll ranks as the #72 most expensive place in the Garden State.
For more reading on life in Green Knoll, check out:
- Living In Green Knoll
- Search Homes For Sale In Green Knoll, NJ
In New Jersey
In America
Green Knoll Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Green Knoll. Here is how it fairs on each of the criteria:
The Services index in Green Knoll is 115.
The Groceries index in Green Knoll is 108.
The Health index in Green Knoll is 104.
The Housing index in Green Knoll is 226.
The Transportation index in Green Knoll is 105.
The Utilities index in Green Knoll is 102.
| Living Expense | Green Knoll | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 141 | 111 | 100 | |
| Services | 115 | 104 | 100 | |
| Groceries | 108 | 104 | 100 | |
| Health | 104 | 95 | 100 | |
| Housing | 226 | 130 | 100 | |
| Transportation | 105 | 106 | 100 | |
| Utilities | 102 | 108 | 100 | |
Green Knoll, 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 Green Knoll is $480,500.
The Median Rent in Green Knoll is $1,318.
The Median Income in Green Knoll is $136,034.
The Home Value To Income in Green Knoll is 3.5x.
The Rent To Monthly Income in Green Knoll is 0.12x.
| Statistic | Green Knoll | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $480,500 | $355,700 | $244,900 |
| Median Rent | $1,318 | $1,436 | $1,163 |
| Median Income | $136,034 | $89,703 | $69,021 |
| Home Value To Income | 3.5x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Green Knoll, NJ Costs By Category
Detailed Green Knoll Services Costs Vs. New Jersey
| Item | Green Knoll | 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 |
Detailed Green Knoll Groceries Costs Vs. New Jersey
| Item | Green Knoll | 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 |
Detailed Green Knoll Health Costs Vs. New Jersey
| Item | Green Knoll | New Jersey |
|---|---|---|
| Optometrist | $101.33 | $108.57 |
| Doctor | $94.5 | $116.17 |
| Dentist | $113.15 | $99.13 |
Detailed Green Knoll Transportation Costs Vs. New Jersey
| Item | Green Knoll | New Jersey |
|---|---|---|
| Gasoline | $2.26 | $2.22 |
| Tire Balancing | $56.66 | $50.07 |
Detailed Green Knoll Utilities Costs Vs. New Jersey
| Item | Green Knoll | New Jersey |
|---|---|---|
| All Electricity | $174.26 | $167.67 |
| Phone | $179.87 | $175.64 |
Green Knoll SnackAbility
/10
Cost Of Living In Cities Around Green Knoll
The cost of living varies in the cities and towns around Green Knoll. 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, 1.2x Green Knoll.
Bradley Gardens, NJ has a cost of living index of 144, 1.0x Green Knoll.
Middlesex, NJ has a cost of living index of 123, 0.9x Green Knoll.
| City | Population | Cost Of Living | Vs. Green Knoll |
|---|---|---|---|
| Westfield, NJ | 30,950 | 170 | 1.2x |
| Bradley Gardens, NJ | 14,798 | 144 | 1.0x |
| Middlesex, NJ | 14,513 | 123 | 0.9x |
| Florham Park, NJ | 12,655 | 165 | 1.2x |
| Somerville, NJ | 12,453 | 122 | 0.9x |
| Martinsville, NJ | 11,980 | 155 | 1.1x |
| Bound Brook, NJ | 11,799 | 120 | 0.9x |
| Manville, NJ | 10,861 | 117 | 0.8x |
| Succasunna, NJ | 9,530 | 134 | 1.0x |
| Raritan, NJ | 7,993 | 129 | 0.9x |
