Cost of living in Jamesburg 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 Jamesburg 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 Jamesburg is 115, with 100 being the average.
The cost of living index in Jamesburg is 1.1x higher than the national average.
Jamesburg ranks as the #57 cheapest in New Jersey out of 251.
Jamesburg ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Jamesburg is $285,900.
The median income in Jamesburg is $93,000.
According to the most recent data on the cost of living, Jamesburg has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Jamesburg has a cost of living index that's 1.0x higher than New Jersey's index of 111.
The standard of living in Jamesburg ranks as #57 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Jamesburg ranks as the #194 most expensive place in the Garden State.
For more reading on life in Jamesburg, check out:
Six factors go into calculating the cost of living index in Jamesburg. Here is how it fairs on each of the criteria:
The Services index in Jamesburg is 115.
The Groceries index in Jamesburg is 108.
The Health index in Jamesburg is 101.
The Housing index in Jamesburg is 131.
The Transportation index in Jamesburg is 108.
The Utilities index in Jamesburg is 100.
Living Expense | Jamesburg | New Jersey | National Average | |
---|---|---|---|---|
Overall | 115 | 111 | 100 | |
Services | 115 | 104 | 100 | |
Groceries | 108 | 104 | 100 | |
Health | 101 | 95 | 100 | |
Housing | 131 | 130 | 100 | |
Transportation | 108 | 106 | 100 | |
Utilities | 100 | 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 Jamesburg is $285,900.
The Median Rent in Jamesburg is $1,245.
The Median Income in Jamesburg is $93,000.
The Home Value To Income in Jamesburg is 3.1x.
The Rent To Monthly Income in Jamesburg is 0.16x.
Statistic | Jamesburg | New Jersey | United States |
---|---|---|---|
Median Home Value | $285,900 | $355,700 | $244,900 |
Median Rent | $1,245 | $1,436 | $1,163 |
Median Income | $93,000 | $89,703 | $69,021 |
Home Value To Income | 3.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.16x | 0.19x | 0.2x |
Item | Jamesburg | 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 |
Item | Jamesburg | 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 |
Item | Jamesburg | New Jersey |
---|---|---|
Optometrist | $101.33 | $108.57 |
Doctor | $94.5 | $116.17 |
Dentist | $113.15 | $99.13 |
Item | Jamesburg | New Jersey |
---|---|---|
Gasoline | $2.26 | $2.22 |
Tire Balancing | $56.66 | $50.07 |
Item | Jamesburg | New Jersey |
---|---|---|
All Electricity | $174.26 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Jamesburg. 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, 1.1x Jamesburg.
Bradley Gardens, NJ has a cost of living index of 144, 1.3x Jamesburg.
Middlesex, NJ has a cost of living index of 123, 1.1x Jamesburg.
City | Population | Cost Of Living | Vs. Jamesburg |
---|---|---|---|
Colonia, NJ | 18,776 | 127 | 1.1x |
Bradley Gardens, NJ | 14,798 | 144 | 1.3x |
Middlesex, NJ | 14,513 | 123 | 1.1x |
Mercerville, NJ | 14,234 | 116 | 1.0x |
Hamilton Square, NJ | 12,244 | 130 | 1.1x |
Martinsville, NJ | 11,980 | 155 | 1.3x |
Monmouth Junction, NJ | 9,728 | 138 | 1.2x |
White Horse, NJ | 9,710 | 111 | 1.0x |
Dayton, NJ | 8,185 | 135 | 1.2x |
Spotswood, NJ | 8,163 | 119 | 1.0x |