According to the most recent data on the cost of living, Fair Haven has an overall cost of living index of 189 which is 1.9x higher than the national index of 100.
Compared to only New Jersey, Fair Haven has a cost of living index that's 1.6x higher than New Jersey's index of 121.
The standard of living in Fair Haven ranks as #6,269 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Fair Haven ranks as the #150 most expensive place in the Garden State.
Living Expense | Fair Haven | New Jersey | National Average | |
---|---|---|---|---|
Overall | 189 | 121 | 100 | |
Services | 134 | 107 | 100 | |
Groceries | 146 | 107 | 100 | |
Health | 112 | 100 | 100 | |
Housing | 323 | 160 | 100 | |
Transportation | 133 | 106 | 100 | |
Utilities | 97 | 98 | 100 |
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.
Statistic | Fair Haven | New Jersey | United States |
---|---|---|---|
Median Home Value | $772,200 | $343,500 | $229,800 |
Median Rent | $3,501 | $1,368 | $1,096 |
Median Income | $184,201 | $85,245 | $64,994 |
Home Value To Income | 4.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.19x | 0.2x |
Item | Fair Haven | New Jersey |
---|---|---|
Shampoo | $1.67 | $1.06 |
Movie | $16.31 | $10.68 |
Bowling | $20.49 | $14.67 |
Item | Fair Haven | New Jersey |
---|---|---|
Ground Beef | $6.4 | $4.22 |
Fried Chicken | $2.65 | $1.39 |
Milk | $3.11 | $2.05 |
Item | Fair Haven | New Jersey |
---|---|---|
Haircut | $23.25 | $18.62 |
Beauty Salon | $60.79 | $39.05 |
Toothpaste | $4.42 | $2.34 |
Item | Fair Haven | New Jersey |
---|---|---|
Potatoes | $4.16 | $3.29 |
Pizza | $12.33 | $10.62 |
Beer | $12.01 | $9.38 |
Optometrist | $108.08 | $108.57 |
Doctor | $106.72 | $116.17 |
Dentist | $124.43 | $99.13 |
Item | Fair Haven | New Jersey |
---|---|---|
Gasoline | $2.62 | $2.22 |
Tire Balancing | $80.22 | $50.07 |
All Electricity | $157.7 | $167.67 |
Phone | $189.52 | $175.64 |
City | Population | Cost Of Living | Vs. Fair Haven |
---|---|---|---|
Tinton Falls, NJ | 17,584 | 126 | 0.7x |
Fairview, NJ | 14,218 | 140 | 0.7x |
West Freehold, NJ | 14,118 | 136 | 0.7x |
Fords, NJ | 12,509 | 123 | 0.7x |
Red Bank, NJ | 12,039 | 145 | 0.8x |
Freehold, NJ | 11,755 | 119 | 0.6x |
Strathmore, NJ | 7,514 | 129 | 0.7x |
Rumson, NJ | 6,757 | 226 | 1.2x |
Yorketown, NJ | 6,739 | 144 | 0.8x |
Lincroft, NJ | 6,501 | 139 | 0.7x |