Old Bridge, NJ Cost Of Living
Cost Of Living In Old Bridge, NJ Summary
Cost of living in Old Bridge 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 Old Bridge 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 Old Bridge is 125, with 100 being the average.
The cost of living index in Old Bridge is 1.2x higher than the national average.
Old Bridge ranks as the #116 cheapest in New Jersey out of 251.
Old Bridge ranks as the #5,043 cheapest out of 6,412 in the US.
The median home value in Old Bridge is $377,400.
The median income in Old Bridge is $100,258.
Table Of Contents
Old Bridge's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Old Bridge, NJ?
According to the most recent data on the cost of living, Old Bridge has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Old Bridge has a cost of living index that's 1.1x higher than New Jersey's index of 111.
The standard of living in Old Bridge ranks as #116 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Old Bridge ranks as the #135 most expensive place in the Garden State.
For more reading on life in Old Bridge, check out:
- Living In Old Bridge
- Old Bridge Crime Report
- Search Homes For Sale In Old Bridge, NJ
In New Jersey
In America
Old Bridge Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Old Bridge. Here is how it fairs on each of the criteria:
The Services index in Old Bridge is 114.
The Groceries index in Old Bridge is 108.
The Health index in Old Bridge is 103.
The Housing index in Old Bridge is 164.
The Transportation index in Old Bridge is 108.
The Utilities index in Old Bridge is 103.
| Living Expense | Old Bridge | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 125 | 111 | 100 | |
| Services | 114 | 104 | 100 | |
| Groceries | 108 | 104 | 100 | |
| Health | 103 | 95 | 100 | |
| Housing | 164 | 130 | 100 | |
| Transportation | 108 | 106 | 100 | |
| Utilities | 103 | 108 | 100 | |
Old Bridge, 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 Old Bridge is $377,400.
The Median Rent in Old Bridge is $1,273.
The Median Income in Old Bridge is $100,258.
The Home Value To Income in Old Bridge is 3.8x.
The Rent To Monthly Income in Old Bridge is 0.15x.
| Statistic | Old Bridge | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $377,400 | $355,700 | $244,900 |
| Median Rent | $1,273 | $1,436 | $1,163 |
| Median Income | $100,258 | $89,703 | $69,021 |
| Home Value To Income | 3.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Old Bridge, NJ Costs By Category
Detailed Old Bridge Services Costs Vs. New Jersey
| Item | Old Bridge | 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 Old Bridge Groceries Costs Vs. New Jersey
| Item | Old Bridge | 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 Old Bridge Health Costs Vs. New Jersey
| Item | Old Bridge | New Jersey |
|---|---|---|
| Optometrist | $101.33 | $108.57 |
| Doctor | $94.5 | $116.17 |
| Dentist | $113.15 | $99.13 |
Detailed Old Bridge Transportation Costs Vs. New Jersey
| Item | Old Bridge | New Jersey |
|---|---|---|
| Gasoline | $2.26 | $2.22 |
| Tire Balancing | $56.66 | $50.07 |
Detailed Old Bridge Utilities Costs Vs. New Jersey
| Item | Old Bridge | New Jersey |
|---|---|---|
| All Electricity | $174.26 | $167.67 |
| Phone | $179.87 | $175.64 |
Old Bridge SnackAbility
/10
Cost Of Living In Cities Around Old Bridge
The cost of living varies in the cities and towns around Old Bridge. Here's a quick look at the cost of living in the most populous nearby places:
Sayreville, NJ has a cost of living index of 118, 0.9x Old Bridge.
Westfield, NJ has a cost of living index of 170, 1.4x Old Bridge.
Colonia, NJ has a cost of living index of 127, 1.0x Old Bridge.
| City | Population | Cost Of Living | Vs. Old Bridge |
|---|---|---|---|
| Sayreville, NJ | 45,062 | 118 | 0.9x |
| Westfield, NJ | 30,950 | 170 | 1.4x |
| Colonia, NJ | 18,776 | 127 | 1.0x |
| South River, NJ | 16,087 | 119 | 1.0x |
| Middlesex, NJ | 14,513 | 123 | 1.0x |
| Robertsville, NJ | 12,365 | 148 | 1.2x |
| Martinsville, NJ | 11,980 | 155 | 1.2x |
| Matawan, NJ | 9,486 | 125 | 1.0x |
| Spotswood, NJ | 8,163 | 119 | 1.0x |
| Twin Rivers, NJ | 8,049 | 114 | 0.9x |
