Cost of living in South Amboy 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 South Amboy 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 South Amboy is 117, with 100 being the average.
The cost of living index in South Amboy is 1.2x higher than the national average.
South Amboy ranks as the #69 cheapest in New Jersey out of 251.
South Amboy ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in South Amboy is $322,100.
The median income in South Amboy is $93,859.
According to the most recent data on the cost of living, South Amboy has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to New Jersey, South Amboy has a cost of living index that's 1.1x higher than New Jersey's index of 111.
The standard of living in South Amboy ranks as #69 most affordable out of the 251 places we measured in New Jersey. By definition, that implies South Amboy ranks as the #182 most expensive place in the Garden State.
For more reading on life in South Amboy, check out:
Six factors go into calculating the cost of living index in South Amboy. Here is how it fairs on each of the criteria:
The Services index in South Amboy is 114.
The Groceries index in South Amboy is 108.
The Health index in South Amboy is 104.
The Housing index in South Amboy is 137.
The Transportation index in South Amboy is 107.
The Utilities index in South Amboy is 100.
Living Expense | South Amboy | New Jersey | National Average | |
---|---|---|---|---|
Overall | 117 | 111 | 100 | |
Services | 114 | 104 | 100 | |
Groceries | 108 | 104 | 100 | |
Health | 104 | 95 | 100 | |
Housing | 137 | 130 | 100 | |
Transportation | 107 | 106 | 100 | |
Utilities | 100 | 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 South Amboy is $322,100.
The Median Rent in South Amboy is $1,568.
The Median Income in South Amboy is $93,859.
The Home Value To Income in South Amboy is 3.4x.
The Rent To Monthly Income in South Amboy is 0.2x.
Statistic | South Amboy | New Jersey | United States |
---|---|---|---|
Median Home Value | $322,100 | $355,700 | $244,900 |
Median Rent | $1,568 | $1,436 | $1,163 |
Median Income | $93,859 | $89,703 | $69,021 |
Home Value To Income | 3.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.19x | 0.2x |
Item | South Amboy | 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 |
Item | South Amboy | 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 |
Item | South Amboy | New Jersey |
---|---|---|
Optometrist | $101.33 | $108.57 |
Doctor | $94.5 | $116.17 |
Dentist | $113.15 | $99.13 |
Item | South Amboy | New Jersey |
---|---|---|
Gasoline | $2.26 | $2.22 |
Tire Balancing | $56.66 | $50.07 |
Item | South Amboy | New Jersey |
---|---|---|
All Electricity | $174.26 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around South Amboy. Here's a quick look at the cost of living in the most populous nearby places:
Perth Amboy, NJ has a cost of living index of 113, 1.0x South Amboy.
Sayreville, NJ has a cost of living index of 118, 1.0x South Amboy.
Westfield, NJ has a cost of living index of 170, 1.5x South Amboy.
City | Population | Cost Of Living | Vs. South Amboy |
---|---|---|---|
Perth Amboy, NJ | 55,046 | 113 | 1.0x |
Sayreville, NJ | 45,062 | 118 | 1.0x |
Westfield, NJ | 30,950 | 170 | 1.5x |
Woodbridge, NJ | 21,314 | 122 | 1.0x |
Colonia, NJ | 18,776 | 127 | 1.1x |
Middlesex, NJ | 14,513 | 123 | 1.1x |
New Providence, NJ | 13,570 | 154 | 1.3x |
Fords, NJ | 12,897 | 123 | 1.1x |
Martinsville, NJ | 11,980 | 155 | 1.3x |
Twin Rivers, NJ | 8,049 | 114 | 1.0x |