Cost of living in Hammonton 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 Hammonton 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 Hammonton is 106, with 100 being the average.
The cost of living index in Hammonton is 1.1x higher than the national average.
Hammonton ranks as the #28 cheapest in New Jersey out of 251.
Hammonton ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Hammonton is $258,300.
The median income in Hammonton is $76,804.
According to the most recent data on the cost of living, Hammonton has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Hammonton has a cost of living index that's 1.0x lower than New Jersey's index of 111.
The standard of living in Hammonton ranks as #28 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Hammonton ranks as the #223 most expensive place in the Garden State.
For more reading on life in Hammonton, check out:
Six factors go into calculating the cost of living index in Hammonton. Here is how it fairs on each of the criteria:
The Services index in Hammonton is 100.
The Groceries index in Hammonton is 100.
The Health index in Hammonton is 93.
The Housing index in Hammonton is 126.
The Transportation index in Hammonton is 107.
The Utilities index in Hammonton is 96.
Living Expense | Hammonton | New Jersey | National Average | |
---|---|---|---|---|
Overall | 106 | 111 | 100 | |
Services | 100 | 104 | 100 | |
Groceries | 100 | 104 | 100 | |
Health | 93 | 95 | 100 | |
Housing | 126 | 130 | 100 | |
Transportation | 107 | 106 | 100 | |
Utilities | 96 | 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 Hammonton is $258,300.
The Median Rent in Hammonton is $1,296.
The Median Income in Hammonton is $76,804.
The Home Value To Income in Hammonton is 3.4x.
The Rent To Monthly Income in Hammonton is 0.2x.
Statistic | Hammonton | New Jersey | United States |
---|---|---|---|
Median Home Value | $258,300 | $355,700 | $244,900 |
Median Rent | $1,296 | $1,436 | $1,163 |
Median Income | $76,804 | $89,703 | $69,021 |
Home Value To Income | 3.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.19x | 0.2x |
Item | Hammonton | 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 |
Item | Hammonton | 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 |
Item | Hammonton | New Jersey |
---|---|---|
Optometrist | $113.84 | $108.57 |
Doctor | $81.68 | $116.17 |
Dentist | $101.93 | $99.13 |
Item | Hammonton | New Jersey |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $58.27 | $50.07 |
Item | Hammonton | New Jersey |
---|---|---|
All Electricity | $155.11 | $167.67 |
Phone | $180.04 | $175.64 |
The cost of living varies in the cities and towns around Hammonton. Here's a quick look at the cost of living in the most populous nearby places:
Vineland, NJ has a cost of living index of 97, 0.9x Hammonton.
Glassboro, NJ has a cost of living index of 99, 0.9x Hammonton.
Springdale, NJ has a cost of living index of 135, 1.3x Hammonton.
City | Population | Cost Of Living | Vs. Hammonton |
---|---|---|---|
Vineland, NJ | 61,442 | 97 | 0.9x |
Glassboro, NJ | 20,284 | 99 | 0.9x |
Springdale, NJ | 15,393 | 135 | 1.3x |
Williamstown, NJ | 14,947 | 102 | 1.0x |
Greentree, NJ | 10,517 | 126 | 1.2x |
Marlton, NJ | 10,491 | 116 | 1.1x |
Ashland, NJ | 9,248 | 117 | 1.1x |
Pitman, NJ | 8,812 | 109 | 1.0x |
Pomona, NJ | 8,340 | 103 | 1.0x |
Berlin, NJ | 7,484 | 112 | 1.1x |