Absecon, NJ Cost Of Living
Cost Of Living In Absecon, NJ Summary
Cost of living in Absecon 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 Absecon 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 Absecon is 110, with 100 being the average.
The cost of living index in Absecon is 1.1x higher than the national average.
Absecon ranks as the #45 cheapest in New Jersey out of 260.
Absecon ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Absecon is $342,120.
The median income in Absecon is $77,516.
Table Of Contents
Absecon's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Absecon, NJ?
According to the most recent data on the cost of living, Absecon has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Absecon has a cost of living index that's 0.9x lower than New Jersey's index of 122.
The standard of living in Absecon ranks as #45 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Absecon ranks as the #215 most expensive place in the Garden State.
For more reading on life in Absecon, check out:
In New Jersey
In America
Absecon Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Absecon. Here is how it fairs on each of the criteria:
The Services index in Absecon is 104.
The Groceries index in Absecon is 103.
The Health index in Absecon is 96.
The Housing index in Absecon is 121.
The Transportation index in Absecon is 108.
The Utilities index in Absecon is 112.
| Living Expense | Absecon | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 110 | 122 | 100 | |
| Services | 104 | 108 | 100 | |
| Groceries | 103 | 104 | 100 | |
| Health | 96 | 99 | 100 | |
| Housing | 121 | 159 | 100 | |
| Transportation | 108 | 101 | 100 | |
| Utilities | 112 | 107 | 100 | |
Absecon, 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 2019-2023. The key points are:
The Median Home Value in Absecon is $342,120.
The Median Rent in Absecon is $1,814.
The Median Income in Absecon is $77,516.
The Home Value To Income in Absecon is 4.4x.
The Rent To Monthly Income in Absecon is 0.28x.
| Statistic | Absecon | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $342,120 | $564,432 | $303,400 |
| Median Rent | $1,814 | $1,653 | $1,348 |
| Median Income | $77,516 | $101,050 | $78,538 |
| Home Value To Income | 4.4x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.28x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Absecon, NJ Costs By Category
Detailed Absecon Services Costs Vs. New Jersey
| Item | Absecon | New Jersey |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $13.75 | $12.13 |
| Bowling | $19.47 | $18 |
| Haircut | $23.54 | $24.26 |
| Beauty Salon | $66.27 | $45.56 |
Detailed Absecon Groceries Costs Vs. New Jersey
| Item | Absecon | New Jersey |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.73 | $12.09 |
| Beer | $11.99 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Absecon Health Costs Vs. New Jersey
| Item | Absecon | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Absecon Transportation Costs Vs. New Jersey
| Item | Absecon | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Absecon Utilities Costs Vs. New Jersey
| Item | Absecon | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Absecon SnackAbility
/10
Cost Of Living In Cities Around Absecon
The cost of living varies in the cities and towns around Absecon. 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 99, 0.9x Absecon.
Smithville, NJ has a cost of living index of 106, 1.0x Absecon.
Northfield, NJ has a cost of living index of 111, 1.0x Absecon.
| City | Population | Cost Of Living | Vs. Absecon |
|---|---|---|---|
| Pleasantville, NJ | 20,604 | 99 | 0.9x |
| Smithville, NJ | 9,260 | 106 | 1.0x |
| Northfield, NJ | 8,427 | 111 | 1.0x |
| Pomona, NJ | 8,141 | 100 | 0.9x |
| Brigantine, NJ | 7,702 | 127 | 1.2x |
| Mystic Island, NJ | 7,616 | 110 | 1.0x |
| Linwood, NJ | 6,954 | 120 | 1.1x |
