Cost of living in Marlton 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 Marlton 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 Marlton is 116, with 100 being the average.
The cost of living index in Marlton is 1.2x higher than the national average.
Marlton ranks as the #60 cheapest in New Jersey out of 251.
Marlton ranks as the #4,558 cheapest out of 6,412 in the US.
The median home value in Marlton is $261,100.
The median income in Marlton is $84,915.
According to the most recent data on the cost of living, Marlton has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Marlton has a cost of living index that's 1.0x higher than New Jersey's index of 111.
The standard of living in Marlton ranks as #60 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Marlton ranks as the #191 most expensive place in the Garden State.
For more reading on life in Marlton, check out:
Six factors go into calculating the cost of living index in Marlton. Here is how it fairs on each of the criteria:
The Services index in Marlton is 104.
The Groceries index in Marlton is 119.
The Health index in Marlton is 102.
The Housing index in Marlton is 127.
The Transportation index in Marlton is 114.
The Utilities index in Marlton is 112.
Living Expense | Marlton | New Jersey | National Average | |
---|---|---|---|---|
Overall | 116 | 111 | 100 | |
Services | 104 | 104 | 100 | |
Groceries | 119 | 104 | 100 | |
Health | 102 | 95 | 100 | |
Housing | 127 | 130 | 100 | |
Transportation | 114 | 106 | 100 | |
Utilities | 112 | 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 Marlton is $261,100.
The Median Rent in Marlton is $1,366.
The Median Income in Marlton is $84,915.
The Home Value To Income in Marlton is 3.1x.
The Rent To Monthly Income in Marlton is 0.19x.
Statistic | Marlton | New Jersey | United States |
---|---|---|---|
Median Home Value | $261,100 | $355,700 | $244,900 |
Median Rent | $1,366 | $1,436 | $1,163 |
Median Income | $84,915 | $89,703 | $69,021 |
Home Value To Income | 3.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Item | Marlton | New Jersey |
---|---|---|
Shampoo | $1.02 | $1.06 |
Movie | $12.0 | $10.68 |
Bowling | $18.8 | $14.67 |
Haircut | $19.66 | $18.62 |
Beauty Salon | $60.55 | $39.05 |
Item | Marlton | New Jersey |
---|---|---|
Ground Beef | $4.57 | $4.22 |
Fried Chicken | $1.6 | $1.39 |
Milk | $2.18 | $2.05 |
Potatoes | $3.66 | $3.29 |
Pizza | $10.67 | $10.62 |
Beer | $8.81 | $9.38 |
Toothpaste | $2.34 | $2.34 |
Item | Marlton | New Jersey |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Marlton | New Jersey |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Marlton | New Jersey |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Marlton. Here's a quick look at the cost of living in the most populous nearby places:
Levittown, PA has a cost of living index of 114, 1.0x Marlton.
Springdale, NJ has a cost of living index of 135, 1.2x Marlton.
Moorestown-Lenola, NJ has a cost of living index of 133, 1.1x Marlton.
City | Population | Cost Of Living | Vs. Marlton |
---|---|---|---|
Levittown, PA | 51,100 | 114 | 1.0x |
Springdale, NJ | 15,393 | 135 | 1.2x |
Moorestown-Lenola, NJ | 14,394 | 133 | 1.1x |
Cherry Hill Mall, NJ | 13,826 | 118 | 1.0x |
Greentree, NJ | 10,517 | 126 | 1.1x |
Ashland, NJ | 9,248 | 117 | 1.0x |
Fort Dix, NJ | 7,904 | 138 | 1.2x |
Glenside, PA | 7,411 | 117 | 1.0x |
Kingston Estates, NJ | 6,825 | 117 | 1.0x |
Ramblewood, NJ | 6,340 | 122 | 1.1x |