Carneys Point, NJ Cost Of Living
Cost Of Living In Carneys Point, NJ Summary
Cost of living in Carneys Point 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 Carneys Point 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 Carneys Point is 106, with 100 being the average.
The cost of living index in Carneys Point is 1.1x higher than the national average.
Carneys Point ranks as the #28 cheapest in New Jersey out of 251.
Carneys Point ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Carneys Point is $147,200.
The median income in Carneys Point is $64,589.
Table Of Contents
Carneys Point's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Carneys Point, NJ?
According to the most recent data on the cost of living, Carneys Point has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Carneys Point has a cost of living index that's 1.0x lower than New Jersey's index of 111.
The standard of living in Carneys Point ranks as #28 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Carneys Point ranks as the #223 most expensive place in the Garden State.
For more reading on life in Carneys Point, check out:
- Living In Carneys Point
- Search Homes For Sale In Carneys Point, NJ
In New Jersey
In America
Carneys Point Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Carneys Point. Here is how it fairs on each of the criteria:
The Services index in Carneys Point is 109.
The Groceries index in Carneys Point is 124.
The Health index in Carneys Point is 115.
The Housing index in Carneys Point is 92.
The Transportation index in Carneys Point is 113.
The Utilities index in Carneys Point is 88.
| Living Expense | Carneys Point | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 106 | 111 | 100 | |
| Services | 109 | 104 | 100 | |
| Groceries | 124 | 104 | 100 | |
| Health | 115 | 95 | 100 | |
| Housing | 92 | 130 | 100 | |
| Transportation | 113 | 106 | 100 | |
| Utilities | 88 | 108 | 100 | |
Carneys Point, 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 2017-2021. The key points are:
The Median Home Value in Carneys Point is $147,200.
The Median Rent in Carneys Point is $1,119.
The Median Income in Carneys Point is $64,589.
The Home Value To Income in Carneys Point is 2.3x.
The Rent To Monthly Income in Carneys Point is 0.21x.
| Statistic | Carneys Point | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $147,200 | $355,700 | $244,900 |
| Median Rent | $1,119 | $1,436 | $1,163 |
| Median Income | $64,589 | $89,703 | $69,021 |
| Home Value To Income | 2.3x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Carneys Point, NJ Costs By Category
Detailed Carneys Point Services Costs Vs. New Jersey
| Item | Carneys Point | New Jersey |
|---|---|---|
| Shampoo | $1.13 | $1.06 |
| Movie | $12.88 | $10.68 |
| Bowling | $16.5 | $14.67 |
| Haircut | $21.56 | $18.62 |
| Beauty Salon | $40.11 | $39.05 |
Detailed Carneys Point Groceries Costs Vs. New Jersey
| Item | Carneys Point | New Jersey |
|---|---|---|
| Ground Beef | $4.69 | $4.22 |
| Fried Chicken | $1.91 | $1.39 |
| Milk | $2.54 | $2.05 |
| Potatoes | $4.51 | $3.29 |
| Pizza | $9.74 | $10.62 |
| Beer | $8.74 | $9.38 |
| Toothpaste | $2.86 | $2.34 |
Detailed Carneys Point Health Costs Vs. New Jersey
| Item | Carneys Point | New Jersey |
|---|---|---|
| Optometrist | $102.08 | $108.57 |
| Doctor | $109.17 | $116.17 |
| Dentist | $133.33 | $99.13 |
Detailed Carneys Point Transportation Costs Vs. New Jersey
| Item | Carneys Point | New Jersey |
|---|---|---|
| Gasoline | $2.16 | $2.22 |
| Tire Balancing | $73.33 | $50.07 |
Detailed Carneys Point Utilities Costs Vs. New Jersey
| Item | Carneys Point | New Jersey |
|---|---|---|
| All Electricity | $129.7 | $167.67 |
| Phone | $176.59 | $175.64 |
Carneys Point SnackAbility
/10
Cost Of Living In Cities Around Carneys Point
The cost of living varies in the cities and towns around Carneys Point. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, DE has a cost of living index of 103, 1.0x Carneys Point.
Drexel Hill, PA has a cost of living index of 108, 1.0x Carneys Point.
West Chester, PA has a cost of living index of 124, 1.2x Carneys Point.
| City | Population | Cost Of Living | Vs. Carneys Point |
|---|---|---|---|
| Wilmington, DE | 70,926 | 103 | 1.0x |
| Drexel Hill, PA | 28,538 | 108 | 1.0x |
| West Chester, PA | 18,592 | 124 | 1.2x |
| Pennsville, NJ | 12,093 | 103 | 1.0x |
| Broomall, PA | 10,978 | 126 | 1.2x |
| Claymont, DE | 9,508 | 110 | 1.0x |
| Village Green-Green Ridge, PA | 8,592 | 112 | 1.1x |
| Folsom, PA | 8,430 | 111 | 1.0x |
| Wilmington Manor, DE | 8,212 | 106 | 1.0x |
| Ridley Park, PA | 7,131 | 112 | 1.1x |
