Heathcote, NJ Cost Of Living

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

Cost Of Living In Heathcote, NJ Summary

Cost of living in Heathcote 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 Heathcote 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 Heathcote is 139, with 100 being the average.

  • The cost of living index in Heathcote is 1.4x higher than the national average.

  • Heathcote ranks as the #170 cheapest in New Jersey out of 251.

  • Heathcote ranks as the #5,546 cheapest out of 6,412 in the US.

  • The median home value in Heathcote is $452,900.

  • The median income in Heathcote is $110,938.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
139
Heathcote's Overall Cost Of Living
1.4x
Higher Than The National Average

What is the cost of living in Heathcote, NJ?

According to the most recent data on the cost of living, Heathcote has an overall cost of living index of 139, which is 1.4x higher than the national index of 100.

Compared to New Jersey, Heathcote has a cost of living index that's 1.3x higher than New Jersey's index of 111.

The standard of living in Heathcote ranks as #170 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Heathcote ranks as the #81 most expensive place in the Garden State.

For more reading on life in Heathcote, check out:

170 out of 251
In New Jersey
5,546 out of 6,412
In America

Heathcote Cost Of Living Vs. New Jersey

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

  • The Services index in Heathcote is 114.

  • The Groceries index in Heathcote is 108.

  • The Health index in Heathcote is 104.

  • The Housing index in Heathcote is 204.

  • The Transportation index in Heathcote is 105.

  • The Utilities index in Heathcote is 101.

Living Expense Heathcote New Jersey National Average
Overall 139 111 100
Services 114 104 100
Groceries 108 104 100
Health 104 95 100
Housing 204 130 100
Transportation 105 106 100
Utilities 101 108 100
For more reading on cost of living around New Jersey, check out:
Heathcote Cost of Living Vs. NJ

Heathcote, 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 Heathcote is $452,900.

  • The Median Rent in Heathcote is $1,525.

  • The Median Income in Heathcote is $110,938.

  • The Home Value To Income in Heathcote is 4.1x.

  • The Rent To Monthly Income in Heathcote is 0.16x.

Statistic Heathcote New Jersey United States
Median Home Value $452,900 $355,700 $244,900
Median Rent $1,525 $1,436 $1,163
Median Income $110,938 $89,703 $69,021
Home Value To Income 4.1x 4.0x 3.5x
Rent To Monthly Income 0.16x 0.19x 0.2x
Search Homes For Sale In Heathcote, NJ
$452,900
Median Home Value
$1,525
Median Rent
$110,938
Median Income

Heathcote, NJ Costs By Category

Detailed Heathcote Services Costs Vs. New Jersey

Item Heathcote 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 Heathcote Groceries Costs Vs. New Jersey

Item Heathcote 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 Heathcote Health Costs Vs. New Jersey

Item Heathcote New Jersey
Optometrist $101.33 $108.57
Doctor $94.5 $116.17
Dentist $113.15 $99.13

Detailed Heathcote Transportation Costs Vs. New Jersey

Item Heathcote New Jersey
Gasoline $2.26 $2.22
Tire Balancing $56.66 $50.07

Detailed Heathcote Utilities Costs Vs. New Jersey

Item Heathcote New Jersey
All Electricity $174.26 $167.67
Phone $179.87 $175.64

Heathcote SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
6
Diversity
9.5
Safety
N/A
Amenities
8.5
Education
9.5
Commute
3

Cost Of Living In Cities Around Heathcote

The cost of living varies in the cities and towns around Heathcote. 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 Heathcote.

  • Princeton Meadows, NJ has a cost of living index of 129, 0.9x Heathcote.

  • Bradley Gardens, NJ has a cost of living index of 144, 1.0x Heathcote.

City Population Cost Of Living Vs. Heathcote
Colonia, NJ 18,776 127 0.9x
Princeton Meadows, NJ 15,491 129 0.9x
Bradley Gardens, NJ 14,798 144 1.0x
Middlesex, NJ 14,513 123 0.9x
Mercerville, NJ 14,234 116 0.8x
Franklin Park, NJ 13,686 124 0.9x
Hamilton Square, NJ 12,244 130 0.9x
Martinsville, NJ 11,980 155 1.1x
Kendall Park, NJ 10,560 131 0.9x
Monmouth Junction, NJ 9,728 138 1.0x

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