Bound Brook, NJ Cost Of Living

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

Cost of living in Bound Brook, New Jersey

Cost of living in Bound Brook 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 Bound Brook 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:

125 Cost of living index 1.2x higher vs US
#87 Cheapest in New Jersey (of 262)
#4,644 Cheapest in the U.S. (of 6,489)
$503,148 Median home value
$1,973 Median rent
$90,571 Median income
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What is the cost of living in Bound Brook, NJ?

According to the most recent data on the cost of living, Bound Brook has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.

Compared to New Jersey, Bound Brook has a cost of living index that's 1.0x lower than New Jersey's index of 125.

The standard of living in Bound Brook ranks as #87 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Bound Brook ranks as the #175 most expensive place in the Garden State.

For more reading on life in Bound Brook, check out:

Bound Brook Cost Of Living Vs. New Jersey

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

  • The Services index in Bound Brook is 110.

  • The Groceries index in Bound Brook is 113.

  • The Health index in Bound Brook is 155.

  • The Housing index in Bound Brook is 117.

  • The Transportation index in Bound Brook is 113.

  • The Utilities index in Bound Brook is 112.

Living Expense Bound Brook New Jersey National Average
Overall 125 125 100
Services 110 107 100
Groceries 113 113 100
Health 155 155 100
Housing 117 116 100
Transportation 113 112 100
Utilities 112 113 100

Bound Brook Cost Of Living Compared To New Jersey Averages

Services
Bound Brook 110
New Jersey avg 107
Groceries
Bound Brook 113
New Jersey avg 113
Health
Bound Brook 155
New Jersey avg 155
Housing
Bound Brook 117
New Jersey avg 116
Transportation
Bound Brook 113
New Jersey avg 112
Utilities
Bound Brook 112
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:

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

Bound Brook, NJ Housing Cost Breakdown

$503,148Median Home Value
$1,973Median Rent
$90,571Median 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 Bound Brook is $503,148.

  • The Median Rent in Bound Brook is $1,973.

  • The Median Income in Bound Brook is $90,571.

  • The Home Value To Income in Bound Brook is 5.6x.

  • The Rent To Monthly Income in Bound Brook is 0.26x.

Statistic Bound Brook New Jersey United States
Median Home Value $503,148 $569,411 $332,700
Median Rent $1,973 $1,720 $1,413
Median Income $90,571 $103,556 $80,734
Home Value To Income 5.6x 5.5x 4.1x
Rent To Monthly Income 0.26x 0.2x 0.21x

Bound Brook, NJ Costs By Category

Detailed Bound Brook Services costs vs. New Jersey
Item Bound Brook 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 Bound Brook Groceries costs vs. New Jersey
Item Bound Brook 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 Bound Brook Health costs vs. New Jersey
Item Bound Brook New Jersey
Optometrist $129.93 $125.68
Doctor $124.1 $135.78
Dentist $129.94 $113.29
Detailed Bound Brook Transportation costs vs. New Jersey
Item Bound Brook New Jersey
Gasoline $3.41 $3.46
Tire Balancing $72.38 $59.92
Detailed Bound Brook Utilities costs vs. New Jersey
Item Bound Brook New Jersey
All Electricity $223.08 $193.99
Phone $186.61 $192.25

Bound Brook SnackAbility

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

Cost Of Living In Cities Around Bound Brook

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

  • Westfield, NJ has a cost of living index of 182, 1.5x Bound Brook.

  • Middlesex, NJ has a cost of living index of 128, 1.0x Bound Brook.

  • Bradley Gardens, NJ has a cost of living index of 152, 1.2x Bound Brook.

City Population Cost Of Living Vs. Bound Brook
Westfield, NJ 31,111 182 1.5x
Middlesex, NJ 14,645 128 1.0x
Bradley Gardens, NJ 14,165 152 1.2x
Florham Park, NJ 13,564 174 1.4x
Somerville, NJ 13,410 131 1.0x
Martinsville, NJ 11,559 166 1.3x
Manville, NJ 10,921 124 1.0x
Bernardsville, NJ 7,916 173 1.4x
Dunellen, NJ 7,911 125 1.0x
Mountainside, NJ 7,049 183 1.5x