Kearny, NJ Cost Of Living
Cost Of Living In Kearny, NJ Summary
Cost of living in Kearny 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 Kearny 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 Kearny is 124, with 100 being the average.
The cost of living index in Kearny is 1.2x higher than the national average.
Kearny ranks as the #114 cheapest in New Jersey out of 251.
Kearny ranks as the #4,999 cheapest out of 6,412 in the US.
The median home value in Kearny is $359,800.
The median income in Kearny is $76,647.
Table Of Contents
Kearny's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Kearny, NJ?
According to the most recent data on the cost of living, Kearny has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Kearny has a cost of living index that's 1.1x higher than New Jersey's index of 111.
The standard of living in Kearny ranks as #114 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Kearny ranks as the #137 most expensive place in the Garden State.
For more reading on life in Kearny, check out:
- Living In Kearny
- Kearny Crime Report
- Search Homes For Sale In Kearny, NJ
In New Jersey
In America
Kearny Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Kearny. Here is how it fairs on each of the criteria:
The Services index in Kearny is 115.
The Groceries index in Kearny is 108.
The Health index in Kearny is 98.
The Housing index in Kearny is 155.
The Transportation index in Kearny is 106.
The Utilities index in Kearny is 103.
| Living Expense | Kearny | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 124 | 111 | 100 | |
| Services | 115 | 104 | 100 | |
| Groceries | 108 | 104 | 100 | |
| Health | 98 | 95 | 100 | |
| Housing | 155 | 130 | 100 | |
| Transportation | 106 | 106 | 100 | |
| Utilities | 103 | 108 | 100 | |
Kearny, 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 Kearny is $359,800.
The Median Rent in Kearny is $1,416.
The Median Income in Kearny is $76,647.
The Home Value To Income in Kearny is 4.7x.
The Rent To Monthly Income in Kearny is 0.22x.
| Statistic | Kearny | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $359,800 | $355,700 | $244,900 |
| Median Rent | $1,416 | $1,436 | $1,163 |
| Median Income | $76,647 | $89,703 | $69,021 |
| Home Value To Income | 4.7x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Kearny, NJ Costs By Category
Detailed Kearny Services Costs Vs. New Jersey
| Item | Kearny | 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 |
Detailed Kearny Groceries Costs Vs. New Jersey
| Item | Kearny | 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 |
Detailed Kearny Health Costs Vs. New Jersey
| Item | Kearny | New Jersey |
|---|---|---|
| Optometrist | $106.0 | $108.57 |
| Doctor | $91.0 | $116.17 |
| Dentist | $102.33 | $99.13 |
Detailed Kearny Transportation Costs Vs. New Jersey
| Item | Kearny | New Jersey |
|---|---|---|
| Gasoline | $2.37 | $2.22 |
| Tire Balancing | $54.12 | $50.07 |
Detailed Kearny Utilities Costs Vs. New Jersey
| Item | Kearny | New Jersey |
|---|---|---|
| All Electricity | $178.53 | $167.67 |
| Phone | $179.87 | $175.64 |
Kearny SnackAbility
/10
Cost Of Living In Cities Around Kearny
The cost of living varies in the cities and towns around Kearny. Here's a quick look at the cost of living in the most populous nearby places:
Newark, NJ has a cost of living index of 112, 0.9x Kearny.
Westfield, NJ has a cost of living index of 170, 1.4x Kearny.
Secaucus, NJ has a cost of living index of 152, 1.2x Kearny.
| City | Population | Cost Of Living | Vs. Kearny |
|---|---|---|---|
| Newark, NJ | 306,247 | 112 | 0.9x |
| Westfield, NJ | 30,950 | 170 | 1.4x |
| Secaucus, NJ | 21,439 | 152 | 1.2x |
| Harrison, NJ | 18,824 | 123 | 1.0x |
| Rutherford, NJ | 18,781 | 137 | 1.1x |
| North Arlington, NJ | 16,339 | 129 | 1.0x |
| Florham Park, NJ | 12,655 | 165 | 1.3x |
| Hasbrouck Heights, NJ | 12,120 | 134 | 1.1x |
| Glen Rock, NJ | 12,098 | 163 | 1.3x |
| Lincoln Park, NJ | 10,877 | 124 | 1.0x |
