Freehold, NJ Cost Of Living

Demographics | Cost Of Living
Updated: 2020-03-08
Freehold's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Freehold is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Freehold, NJ?

According to the most recent data on the cost of living, Freehold has an overall cost of living index of 121 which is 1.2x higher than the national index of 100.

Compared to only New Jersey, Freehold has a cost of living index that's 1.0x lower than New Jersey's index of 123.

The standard of living in Freehold ranks as #4868 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Freehold ranks as the #1539 most expensive place in the Garden State.

For more reading on life in Freehold, check out:

Freehold Cost Of Living Vs. New Jersey

Living Expense Freehold New Jersey National Average
Overall 121 123 100
Services 114 111 100
Groceries 107 110 100
Health 104 102 100
Housing 148 158 100
Transportation 107 110 100
Utilities 104 100 100
For more reading on cost of living around New Jersey, check out:
Freehold Cost of Living Vs. NJ

Freehold, 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.

Median Home Value
Median Rent
Median Income
Statistic Freehold New Jersey United States
Median Home Value $293,800 $327,900 $204,900
Median Rent $1,417 $1,295 $1,023
Median Income $56,466 $79,363 $60,293
Home Value To Income 5.2x 4.1x 3.4x
Rent To Monthly Income 0.3x 0.2x 0.2x

Freehold SnackAbility

Overall SnackAbility

Cost Of Living In Cities Around Freehold

City Population Cost Of Living Vs. Freehold
Tinton Falls, NJ 17,731 129 1.1x
Fords, NJ 14,948 122 1.0x
West Freehold, NJ 13,759 135 1.1x
Hamilton Square, NJ 12,542 129 1.1x
Robertsville, NJ 11,840 147 1.2x
Kendall Park, NJ 9,346 131 1.1x
Strathmore, NJ 7,742 130 1.1x
Twin Rivers, NJ 7,067 114 0.9x
Yorketown, NJ 6,565 143 1.2x
Lincroft, NJ 6,348 138 1.1x

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