Belle Mead, NJ Cost Of Living
Cost Of Living In Belle Mead, NJ Summary
Cost of living in Belle Mead 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 Belle Mead 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 Belle Mead is 159, with 100 being the average.
The cost of living index in Belle Mead is 1.6x higher than the national average.
Belle Mead ranks as the #217 cheapest in New Jersey out of 260.
Belle Mead ranks as the #5,877 cheapest out of 6,489 in the US.
The median home value in Belle Mead is $1,026,432.
The median income in Belle Mead is $219,215.
Table Of Contents
Belle Mead's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Belle Mead, NJ?
According to the most recent data on the cost of living, Belle Mead has an overall cost of living index of 159, which is 1.6x higher than the national index of 100.
Compared to New Jersey, Belle Mead has a cost of living index that's 1.3x higher than New Jersey's index of 122.
The standard of living in Belle Mead ranks as #217 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Belle Mead ranks as the #43 most expensive place in the Garden State.
For more reading on life in Belle Mead, check out:
In New Jersey
In America
Belle Mead Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Belle Mead. Here is how it fairs on each of the criteria:
The Services index in Belle Mead is 112.
The Groceries index in Belle Mead is 105.
The Health index in Belle Mead is 103.
The Housing index in Belle Mead is 285.
The Transportation index in Belle Mead is 106.
The Utilities index in Belle Mead is 109.
| Living Expense | Belle Mead | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 159 | 122 | 100 | |
| Services | 112 | 108 | 100 | |
| Groceries | 105 | 104 | 100 | |
| Health | 103 | 99 | 100 | |
| Housing | 285 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 109 | 107 | 100 | |
Belle Mead, 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 Belle Mead is $1,026,432.
The Median Rent in Belle Mead is $2,645.
The Median Income in Belle Mead is $219,215.
The Home Value To Income in Belle Mead is 4.7x.
The Rent To Monthly Income in Belle Mead is 0.14x.
| Statistic | Belle Mead | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $1,026,432 | $564,432 | $303,400 |
| Median Rent | $2,645 | $1,653 | $1,348 |
| Median Income | $219,215 | $101,050 | $78,538 |
| Home Value To Income | 4.7x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.14x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Belle Mead, NJ Costs By Category
Detailed Belle Mead Services Costs Vs. New Jersey
| Item | Belle Mead | 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 Belle Mead Groceries Costs Vs. New Jersey
| Item | Belle Mead | 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 Belle Mead Health Costs Vs. New Jersey
| Item | Belle Mead | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Belle Mead Transportation Costs Vs. New Jersey
| Item | Belle Mead | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Belle Mead Utilities Costs Vs. New Jersey
| Item | Belle Mead | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Belle Mead SnackAbility
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Cost Of Living In Cities Around Belle Mead
The cost of living varies in the cities and towns around Belle Mead. Here's a quick look at the cost of living in the most populous nearby places:
Middlesex, NJ has a cost of living index of 126, 0.8x Belle Mead.
Bradley Gardens, NJ has a cost of living index of 150, 0.9x Belle Mead.
Mercerville, NJ has a cost of living index of 118, 0.7x Belle Mead.
| City | Population | Cost Of Living | Vs. Belle Mead |
|---|---|---|---|
| Middlesex, NJ | 14,518 | 126 | 0.8x |
| Bradley Gardens, NJ | 14,315 | 150 | 0.9x |
| Mercerville, NJ | 13,693 | 118 | 0.7x |
| Martinsville, NJ | 12,016 | 159 | 1.0x |
| Hamilton Square, NJ | 11,643 | 125 | 0.8x |
| Blackwells Mills, NJ | 10,220 | 172 | 1.1x |
| White Horse, NJ | 10,040 | 115 | 0.7x |
| Twin Rivers, NJ | 8,315 | 118 | 0.7x |
| Bernardsville, NJ | 7,871 | 162 | 1.0x |
| Green Knoll, NJ | 6,664 | 143 | 0.9x |
