Asbury Park, NJ Cost Of Living

The latest cost of living statistics for Asbury Park. Includes statistics on rent, mortgages, healthcare, and other costs for Asbury Park compared to the state and national averages.

Cost of living in Asbury Park, New Jersey

Cost of living in Asbury Park 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 Asbury Park 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:

138 Cost of living index 1.4x higher vs US
#161 Cheapest in New Jersey (of 262)
#5,313 Cheapest in the U.S. (of 6,489)
$686,057 Median home value
$1,722 Median rent
$75,544 Median income
Not sure Asbury Park fits your budget? Try our place-match quiz →

What is the cost of living in Asbury Park, NJ?

According to the most recent data on the cost of living, Asbury Park has an overall cost of living index of 138, which is 1.4x higher than the national index of 100.

Compared to New Jersey, Asbury Park has a cost of living index that's 1.1x higher than New Jersey's index of 125.

The standard of living in Asbury Park ranks as #161 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Asbury Park ranks as the #101 most expensive place in the Garden State.

For more reading on life in Asbury Park, check out:

Asbury Park Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Asbury Park. Here is how it fares on each of the criteria:

  • The Services index in Asbury Park is 106.

  • The Groceries index in Asbury Park is 110.

  • The Health index in Asbury Park is 196.

  • The Housing index in Asbury Park is 115.

  • The Transportation index in Asbury Park is 109.

  • The Utilities index in Asbury Park is 115.

Living Expense Asbury Park New Jersey National Average
Overall 138 125 100
Services 106 107 100
Groceries 110 113 100
Health 196 155 100
Housing 115 116 100
Transportation 109 112 100
Utilities 115 113 100

Asbury Park Cost Of Living Compared To New Jersey Averages

Services
Asbury Park 106
New Jersey avg 107
Groceries
Asbury Park 110
New Jersey avg 113
Health
Asbury Park 196
New Jersey avg 155
Housing
Asbury Park 115
New Jersey avg 116
Transportation
Asbury Park 109
New Jersey avg 112
Utilities
Asbury Park 115
New Jersey avg 113

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New Jersey, check out:

Protect your home budget Compare home warranties in Asbury Park Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Asbury Park, NJ Housing Cost Breakdown

$686,057Median Home Value
$1,722Median Rent
$75,544Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Asbury Park is $686,057.

  • The Median Rent in Asbury Park is $1,722.

  • The Median Income in Asbury Park is $75,544.

  • The Home Value To Income in Asbury Park is 9.1x.

  • The Rent To Monthly Income in Asbury Park is 0.27x.

Statistic Asbury Park New Jersey United States
Median Home Value $686,057 $569,411 $332,700
Median Rent $1,722 $1,720 $1,413
Median Income $75,544 $103,556 $80,734
Home Value To Income 9.1x 5.5x 4.1x
Rent To Monthly Income 0.27x 0.2x 0.21x

Asbury Park, NJ Costs By Category

Detailed Asbury Park Services costs vs. New Jersey
Item Asbury Park New Jersey
Shampoo $1.69 $1.28
Movie $13.68 $12.13
Bowling $29.4 $18
Haircut $34.94 $24.26
Beauty Salon $64.07 $45.56
Detailed Asbury Park Groceries costs vs. New Jersey
Item Asbury Park New Jersey
Ground Beef $5.87 $5.84
Fried Chicken $1.46 $1.57
Milk $4.97 $4.67
Potatoes $5.21 $4.93
Pizza $12.57 $12.09
Beer $11.87 $10.41
Toothpaste $3.96 $3.7
Detailed Asbury Park Health costs vs. New Jersey
Item Asbury Park New Jersey
Optometrist $128.97 $125.68
Doctor $162.24 $135.78
Dentist $149.64 $113.29
Detailed Asbury Park Transportation costs vs. New Jersey
Item Asbury Park New Jersey
Gasoline $3.55 $3.46
Tire Balancing $86.43 $59.92
Detailed Asbury Park Utilities costs vs. New Jersey
Item Asbury Park New Jersey
All Electricity $201.27 $193.99
Phone $200.67 $192.25

Asbury Park SnackAbility

5Overall SnackAbility
Jobs 6/10
Housing 9/10
Affordability 3/10
Diversity 10/10
Safety 3/10
Amenities 9.5/10
Education 8/10
Commute 4/10

Cost Of Living In Cities Around Asbury Park

The cost of living varies in the cities and towns around Asbury Park. Here's a quick look at the cost of living in the most populous nearby places:

  • Lakewood, NJ has a cost of living index of 151, 1.1x Asbury Park.

  • Tinton Falls, NJ has a cost of living index of 139, 1.0x Asbury Park.

  • West Freehold, NJ has a cost of living index of 140, 1.0x Asbury Park.

City Population Cost Of Living Vs. Asbury Park
Lakewood, NJ 69,585 151 1.1x
Tinton Falls, NJ 19,361 139 1.0x
West Freehold, NJ 14,883 140 1.0x
Freehold, NJ 12,507 130 0.9x
Yorketown, NJ 7,261 142 1.0x
Lincroft, NJ 6,939 151 1.1x
Strathmore, NJ 6,708 137 1.0x
Ramtown, NJ 6,203 142 1.0x
Little Silver, NJ 6,105 195 1.4x
East Freehold, NJ 5,096 155 1.1x