Beachwood, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
117
Beachwood's Overall Cost Of Living
1.2x
Higher Than The National Average
69 out of 251
In New Jersey
4,628 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Beachwood is expensive, while a number below 100 means it's a relatively cheap place to live.

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 117 which is 1.2x higher than the national index of 100.

Compared to only New Jersey, Beachwood has a cost of living index that's 1.0x lower than New Jersey's index of 121.

The standard of living in Beachwood ranks as #4,630 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Beachwood ranks as the #1,789 most expensive place in the Garden State.

For more reading on life in Beachwood, check out:

Beachwood Cost Of Living Vs. New Jersey

Living Expense Beachwood New Jersey National Average
Overall 117 121 100
Services 112 107 100
Groceries 106 107 100
Health 103 100 100
Housing 140 160 100
Transportation 106 106 100
Utilities 103 98 100
For more reading on cost of living around New Jersey, check out:
Beachwood Cost of Living Vs. NJ

Beachwood, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$235,700
Median Home Value
$1,642
Median Rent
$81,658
Median Income
Statistic Beachwood New Jersey United States
Median Home Value $235,700 $343,500 $229,800
Median Rent $1,642 $1,368 $1,096
Median Income $81,658 $85,245 $64,994
Home Value To Income 2.9x 4.0x 3.5x
Rent To Monthly Income 0.24x 0.19x 0.2x

Detailed Beachwood Services Costs Vs. New Jersey

Item Beachwood New Jersey
Shampoo $1.03 $1.06
Movie $12.59 $10.68
Bowling $17.73 $14.67

Detailed Beachwood Groceries Costs Vs. New Jersey

Item Beachwood New Jersey
Ground Beef $3.87 $4.22
Fried Chicken $1.67 $1.39
Milk $2.41 $2.05

Detailed Beachwood Health Costs Vs. New Jersey

Item Beachwood New Jersey
Haircut $20.73 $18.62
Beauty Salon $36.4 $39.05
Toothpaste $2.16 $2.34

Detailed Beachwood Transportation Costs Vs. New Jersey

Item Beachwood New Jersey
Potatoes $3.09 $3.29
Pizza $11.4 $10.62
Beer $9.19 $9.38
Optometrist $101.33 $108.57
Doctor $94.5 $116.17
Dentist $113.15 $99.13

Detailed Beachwood Utilities Costs Vs. New Jersey

Item Beachwood New Jersey
Gasoline $2.26 $2.22
Tire Balancing $56.66 $50.07
All Electricity $174.26 $167.67
Phone $179.87 $175.64

Beachwood SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
8.5
Affordability
6
Diversity
7
Safety
9
Amenities
9
Education
8
Commute
5

Cost Of Living In Cities Around Beachwood

City Population Cost Of Living Vs. Beachwood
Toms River, NJ 90,081 118 1.0x
Lakewood, NJ 55,039 136 1.2x
Point Pleasant, NJ 18,686 132 1.1x
Ocean Acres, NJ 17,325 114 1.0x
Holiday City-Berkeley, NJ 12,216 105 0.9x
Browns Mills, NJ 10,228 107 0.9x
Pine Lake Park, NJ 8,954 117 1.0x
Ramtown, NJ 6,354 128 1.1x
Manasquan, NJ 5,837 162 1.4x
Belmar, NJ 5,613 167 1.4x

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