What is the cost of living in Beachwood, NJ?
According to the most recent data on the cost of living, Beachwood has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Beachwood has a cost of living index that's 1.0x lower than New Jersey's index of 125.
The standard of living in Beachwood ranks as #83 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Beachwood ranks as the #179 most expensive place in the Garden State.
For more reading on life in Beachwood, check out:
Beachwood Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Beachwood. Here is how it fares on each of the criteria:
The Services index in Beachwood is 106.
The Groceries index in Beachwood is 114.
The Health index in Beachwood is 144.
The Housing index in Beachwood is 118.
The Transportation index in Beachwood is 114.
The Utilities index in Beachwood is 114.
| Living Expense | Beachwood | New Jersey | National Average |
|---|---|---|---|
| Overall | 124 | 125 | 100 |
| Services | 106 | 107 | 100 |
| Groceries | 114 | 113 | 100 |
| Health | 144 | 155 | 100 |
| Housing | 118 | 116 | 100 |
| Transportation | 114 | 112 | 100 |
| Utilities | 114 | 113 | 100 |
Beachwood Cost Of Living Compared To New Jersey Averages
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 Beachwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Beachwood, 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 2020-2024. The key points are:
The Median Home Value in Beachwood is $462,368.
The Median Rent in Beachwood is $2,335.
The Median Income in Beachwood is $106,858.
The Home Value To Income in Beachwood is 4.3x.
The Rent To Monthly Income in Beachwood is 0.26x.
| Statistic | Beachwood | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $462,368 | $569,411 | $332,700 |
| Median Rent | $2,335 | $1,720 | $1,413 |
| Median Income | $106,858 | $103,556 | $80,734 |
| Home Value To Income | 4.3x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.21x |
Beachwood, NJ Costs By Category
Detailed Beachwood Services costs vs. New Jersey
| Item | Beachwood | New Jersey |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.53 | $12.13 |
| Bowling | $20.98 | $18 |
| Haircut | $30.25 | $24.26 |
| Beauty Salon | $53.0 | $45.56 |
Detailed Beachwood Groceries costs vs. New Jersey
| Item | Beachwood | New Jersey |
|---|---|---|
| Ground Beef | $6.13 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.7 | $4.67 |
| Potatoes | $5.32 | $4.93 |
| Pizza | $12.59 | $12.09 |
| Beer | $11.12 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Beachwood Health costs vs. New Jersey
| Item | Beachwood | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Beachwood Transportation costs vs. New Jersey
| Item | Beachwood | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Beachwood Utilities costs vs. New Jersey
| Item | Beachwood | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Beachwood SnackAbility
Cost Of Living In Cities Around Beachwood
The cost of living varies in the cities and towns around Beachwood. Here's a quick look at the cost of living in the most populous nearby places:
Toms River, NJ has a cost of living index of 128, 1.0x Beachwood.
Lakewood, NJ has a cost of living index of 151, 1.2x Beachwood.
Point Pleasant, NJ has a cost of living index of 139, 1.1x Beachwood.
| City | Population | Cost Of Living | Vs. Beachwood |
|---|---|---|---|
| Toms River, NJ | 94,956 | 128 | 1.0x |
| Lakewood, NJ | 69,585 | 151 | 1.2x |
| Point Pleasant, NJ | 19,334 | 139 | 1.1x |
| Ocean Acres, NJ | 19,204 | 128 | 1.0x |
| Holiday City-Berkeley, NJ | 12,995 | 114 | 0.9x |
| Pine Lake Park, NJ | 9,795 | 123 | 1.0x |
| Browns Mills, NJ | 9,672 | 102 | 0.8x |
| Ramtown, NJ | 6,203 | 142 | 1.1x |
| Manasquan, NJ | 5,922 | 173 | 1.4x |
| Belmar, NJ | 5,869 | 162 | 1.3x |
