Cost of living in Pomona 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 Pomona 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 Pomona is 103, with 100 being the average.
The cost of living index in Pomona is 1.0x higher than the national average.
Pomona ranks as the #19 cheapest in New Jersey out of 251.
Pomona ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Pomona is $196,700.
The median income in Pomona is $85,464.
According to the most recent data on the cost of living, Pomona has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to New Jersey, Pomona has a cost of living index that's 0.9x lower than New Jersey's index of 111.
The standard of living in Pomona ranks as #19 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Pomona ranks as the #232 most expensive place in the Garden State.
For more reading on life in Pomona, check out:
Six factors go into calculating the cost of living index in Pomona. Here is how it fairs on each of the criteria:
The Services index in Pomona is 100.
The Groceries index in Pomona is 103.
The Health index in Pomona is 94.
The Housing index in Pomona is 109.
The Transportation index in Pomona is 107.
The Utilities index in Pomona is 94.
Living Expense | Pomona | New Jersey | National Average | |
---|---|---|---|---|
Overall | 103 | 111 | 100 | |
Services | 100 | 104 | 100 | |
Groceries | 103 | 104 | 100 | |
Health | 94 | 95 | 100 | |
Housing | 109 | 130 | 100 | |
Transportation | 107 | 106 | 100 | |
Utilities | 94 | 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 Pomona is $196,700.
The Median Rent in Pomona is $725.
The Median Income in Pomona is $85,464.
The Home Value To Income in Pomona is 2.3x.
The Rent To Monthly Income in Pomona is 0.1x.
Statistic | Pomona | New Jersey | United States |
---|---|---|---|
Median Home Value | $196,700 | $355,700 | $244,900 |
Median Rent | $725 | $1,436 | $1,163 |
Median Income | $85,464 | $89,703 | $69,021 |
Home Value To Income | 2.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.1x | 0.19x | 0.2x |
Item | Pomona | New Jersey |
---|---|---|
Shampoo | $1.03 | $1.06 |
Movie | $10.99 | $10.68 |
Bowling | $13.51 | $14.67 |
Haircut | $18.79 | $18.62 |
Beauty Salon | $36.26 | $39.05 |
Item | Pomona | New Jersey |
---|---|---|
Ground Beef | $4.23 | $4.22 |
Fried Chicken | $1.43 | $1.39 |
Milk | $2.48 | $2.05 |
Potatoes | $2.69 | $3.29 |
Pizza | $10.99 | $10.62 |
Beer | $9.0 | $9.38 |
Toothpaste | $1.92 | $2.34 |
Item | Pomona | New Jersey |
---|---|---|
Optometrist | $113.84 | $108.57 |
Doctor | $81.68 | $116.17 |
Dentist | $101.93 | $99.13 |
Item | Pomona | New Jersey |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $58.27 | $50.07 |
Item | Pomona | New Jersey |
---|---|---|
All Electricity | $155.11 | $167.67 |
Phone | $180.04 | $175.64 |
The cost of living varies in the cities and towns around Pomona. Here's a quick look at the cost of living in the most populous nearby places:
Pleasantville, NJ has a cost of living index of 97, 0.9x Pomona.
Hammonton, NJ has a cost of living index of 106, 1.0x Pomona.
Smithville, NJ has a cost of living index of 108, 1.0x Pomona.
City | Population | Cost Of Living | Vs. Pomona |
---|---|---|---|
Pleasantville, NJ | 20,505 | 97 | 0.9x |
Hammonton, NJ | 14,695 | 106 | 1.0x |
Smithville, NJ | 9,127 | 108 | 1.0x |
Absecon, NJ | 9,039 | 104 | 1.0x |
Northfield, NJ | 8,419 | 109 | 1.1x |
Brigantine, NJ | 7,890 | 119 | 1.2x |
Mystic Island, NJ | 7,679 | 107 | 1.0x |
Linwood, NJ | 6,957 | 118 | 1.1x |
Mays Landing, NJ | 6,555 | 103 | 1.0x |