Holiday City-Berkeley, NJ Cost Of Living
Cost Of Living In Holiday City-Berkeley, NJ Summary
Cost of living in Holiday City-Berkeley 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 Holiday City-Berkeley 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 Holiday City-Berkeley is 105, with 100 being the average.
The cost of living index in Holiday City-Berkeley is 1.1x higher than the national average.
Holiday City-Berkeley ranks as the #25 cheapest in New Jersey out of 251.
Holiday City-Berkeley ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in Holiday City-Berkeley is $183,000.
The median income in Holiday City-Berkeley is $42,351.
Table Of Contents
Holiday City-Berkeley's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Holiday City-Berkeley, NJ?
According to the most recent data on the cost of living, Holiday City-Berkeley has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Holiday City-Berkeley has a cost of living index that's 0.9x lower than New Jersey's index of 111.
The standard of living in Holiday City-Berkeley ranks as #25 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Holiday City-Berkeley ranks as the #226 most expensive place in the Garden State.
For more reading on life in Holiday City-Berkeley, check out:
- Living In Holiday City-Berkeley
- Search Homes For Sale In Holiday City-Berkeley, NJ
In New Jersey
In America
Holiday City-Berkeley Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Holiday City-Berkeley. Here is how it fairs on each of the criteria:
The Services index in Holiday City-Berkeley is 112.
The Groceries index in Holiday City-Berkeley is 108.
The Health index in Holiday City-Berkeley is 102.
The Housing index in Holiday City-Berkeley is 94.
The Transportation index in Holiday City-Berkeley is 107.
The Utilities index in Holiday City-Berkeley is 101.
| Living Expense | Holiday City-Berkeley | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 105 | 111 | 100 | |
| Services | 112 | 104 | 100 | |
| Groceries | 108 | 104 | 100 | |
| Health | 102 | 95 | 100 | |
| Housing | 94 | 130 | 100 | |
| Transportation | 107 | 106 | 100 | |
| Utilities | 101 | 108 | 100 | |
Holiday City-Berkeley, 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 Holiday City-Berkeley is $183,000.
The Median Rent in Holiday City-Berkeley is $1,454.
The Median Income in Holiday City-Berkeley is $42,351.
The Home Value To Income in Holiday City-Berkeley is 4.3x.
The Rent To Monthly Income in Holiday City-Berkeley is 0.41x.
| Statistic | Holiday City-Berkeley | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $183,000 | $355,700 | $244,900 |
| Median Rent | $1,454 | $1,436 | $1,163 |
| Median Income | $42,351 | $89,703 | $69,021 |
| Home Value To Income | 4.3x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.41x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Holiday City-Berkeley, NJ Costs By Category
Detailed Holiday City-Berkeley Services Costs Vs. New Jersey
| Item | Holiday City-Berkeley | 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 Holiday City-Berkeley Groceries Costs Vs. New Jersey
| Item | Holiday City-Berkeley | 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 Holiday City-Berkeley Health Costs Vs. New Jersey
| Item | Holiday City-Berkeley | New Jersey |
|---|---|---|
| Optometrist | $101.33 | $108.57 |
| Doctor | $94.5 | $116.17 |
| Dentist | $113.15 | $99.13 |
Detailed Holiday City-Berkeley Transportation Costs Vs. New Jersey
| Item | Holiday City-Berkeley | New Jersey |
|---|---|---|
| Gasoline | $2.26 | $2.22 |
| Tire Balancing | $56.66 | $50.07 |
Detailed Holiday City-Berkeley Utilities Costs Vs. New Jersey
| Item | Holiday City-Berkeley | New Jersey |
|---|---|---|
| All Electricity | $174.26 | $167.67 |
| Phone | $179.87 | $175.64 |
Holiday City-Berkeley SnackAbility
/10
Cost Of Living In Cities Around Holiday City-Berkeley
The cost of living varies in the cities and towns around Holiday City-Berkeley. Here's a quick look at the cost of living in the most populous nearby places:
Lakewood, NJ has a cost of living index of 136, 1.3x Holiday City-Berkeley.
Point Pleasant, NJ has a cost of living index of 132, 1.3x Holiday City-Berkeley.
Ocean Acres, NJ has a cost of living index of 114, 1.1x Holiday City-Berkeley.
| City | Population | Cost Of Living | Vs. Holiday City-Berkeley |
|---|---|---|---|
| Lakewood, NJ | 66,752 | 136 | 1.3x |
| Point Pleasant, NJ | 18,839 | 132 | 1.3x |
| Ocean Acres, NJ | 17,886 | 114 | 1.1x |
| West Freehold, NJ | 14,565 | 136 | 1.3x |
| Beachwood, NJ | 10,863 | 117 | 1.1x |
| Browns Mills, NJ | 10,053 | 107 | 1.0x |
| Pine Lake Park, NJ | 9,148 | 117 | 1.1x |
| Fort Dix, NJ | 7,904 | 138 | 1.3x |
| Ramtown, NJ | 6,540 | 128 | 1.2x |
| Forked River, NJ | 5,139 | 110 | 1.0x |
