Cost of living in Keansburg 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 Keansburg 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 Keansburg is 107, with 100 being the average.
The cost of living index in Keansburg is 1.1x higher than the national average.
Keansburg ranks as the #33 cheapest in New Jersey out of 251.
Keansburg ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Keansburg is $213,500.
The median income in Keansburg is $76,101.
According to the most recent data on the cost of living, Keansburg has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Keansburg has a cost of living index that's 1.0x lower than New Jersey's index of 111.
The standard of living in Keansburg ranks as #33 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Keansburg ranks as the #218 most expensive place in the Garden State.
For more reading on life in Keansburg, check out:
Six factors go into calculating the cost of living index in Keansburg. Here is how it fairs on each of the criteria:
The Services index in Keansburg is 114.
The Groceries index in Keansburg is 108.
The Health index in Keansburg is 97.
The Housing index in Keansburg is 100.
The Transportation index in Keansburg is 106.
The Utilities index in Keansburg is 102.
Living Expense | Keansburg | New Jersey | National Average | |
---|---|---|---|---|
Overall | 107 | 111 | 100 | |
Services | 114 | 104 | 100 | |
Groceries | 108 | 104 | 100 | |
Health | 97 | 95 | 100 | |
Housing | 100 | 130 | 100 | |
Transportation | 106 | 106 | 100 | |
Utilities | 102 | 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 Keansburg is $213,500.
The Median Rent in Keansburg is $1,562.
The Median Income in Keansburg is $76,101.
The Home Value To Income in Keansburg is 2.8x.
The Rent To Monthly Income in Keansburg is 0.25x.
Statistic | Keansburg | New Jersey | United States |
---|---|---|---|
Median Home Value | $213,500 | $355,700 | $244,900 |
Median Rent | $1,562 | $1,436 | $1,163 |
Median Income | $76,101 | $89,703 | $69,021 |
Home Value To Income | 2.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.19x | 0.2x |
Item | Keansburg | New Jersey |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $12.49 | $10.68 |
Bowling | $18.0 | $14.67 |
Haircut | $20.93 | $18.62 |
Beauty Salon | $36.53 | $39.05 |
Item | Keansburg | New Jersey |
---|---|---|
Ground Beef | $4.09 | $4.22 |
Fried Chicken | $1.79 | $1.39 |
Milk | $2.44 | $2.05 |
Potatoes | $3.25 | $3.29 |
Pizza | $11.36 | $10.62 |
Beer | $9.32 | $9.38 |
Toothpaste | $2.22 | $2.34 |
Item | Keansburg | New Jersey |
---|---|---|
Optometrist | $106.0 | $108.57 |
Doctor | $91.0 | $116.17 |
Dentist | $102.33 | $99.13 |
Item | Keansburg | New Jersey |
---|---|---|
Gasoline | $2.37 | $2.22 |
Tire Balancing | $54.12 | $50.07 |
Item | Keansburg | New Jersey |
---|---|---|
All Electricity | $178.53 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Keansburg. 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, 1.6x Keansburg.
Colonia, NJ has a cost of living index of 127, 1.2x Keansburg.
West Freehold, NJ has a cost of living index of 136, 1.3x Keansburg.
City | Population | Cost Of Living | Vs. Keansburg |
---|---|---|---|
Westfield, NJ | 30,950 | 170 | 1.6x |
Colonia, NJ | 18,776 | 127 | 1.2x |
West Freehold, NJ | 14,565 | 136 | 1.3x |
Fords, NJ | 12,897 | 123 | 1.1x |
Matawan, NJ | 9,486 | 125 | 1.2x |
Fanwood, NJ | 7,727 | 149 | 1.4x |
Yorketown, NJ | 7,316 | 144 | 1.3x |
Keyport, NJ | 7,204 | 116 | 1.1x |
Strathmore, NJ | 7,119 | 129 | 1.2x |
Mountainside, NJ | 7,003 | 170 | 1.6x |