Glassboro, NJ Cost Of Living
Cost Of Living In Glassboro, NJ Summary
Cost of living in Glassboro 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 Glassboro 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 Glassboro is 111, with 100 being the average.
The cost of living index in Glassboro is 1.1x higher than the national average.
Glassboro ranks as the #49 cheapest in New Jersey out of 260.
Glassboro ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Glassboro is $365,489.
The median income in Glassboro is $80,388.
Table Of Contents
Glassboro's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Glassboro, NJ?
According to the most recent data on the cost of living, Glassboro has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Glassboro has a cost of living index that's 0.9x lower than New Jersey's index of 122.
The standard of living in Glassboro ranks as #49 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Glassboro ranks as the #211 most expensive place in the Garden State.
For more reading on life in Glassboro, check out:
In New Jersey
In America
Glassboro Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Glassboro. Here is how it fairs on each of the criteria:
The Services index in Glassboro is 102.
The Groceries index in Glassboro is 102.
The Health index in Glassboro is 95.
The Housing index in Glassboro is 123.
The Transportation index in Glassboro is 108.
The Utilities index in Glassboro is 112.
| Living Expense | Glassboro | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 111 | 122 | 100 | |
| Services | 102 | 108 | 100 | |
| Groceries | 102 | 102 | 100 | |
| Health | 95 | 97 | 100 | |
| Housing | 123 | 160 | 100 | |
| Transportation | 108 | 103 | 100 | |
| Utilities | 112 | 109 | 100 | |
Glassboro, 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 Glassboro is $365,489.
The Median Rent in Glassboro is $1,561.
The Median Income in Glassboro is $80,388.
The Home Value To Income in Glassboro is 4.5x.
The Rent To Monthly Income in Glassboro is 0.23x.
| Statistic | Glassboro | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $365,489 | $564,432 | $303,400 |
| Median Rent | $1,561 | $1,653 | $1,348 |
| Median Income | $80,388 | $101,050 | $78,538 |
| Home Value To Income | 4.5x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Glassboro, NJ Costs By Category
Detailed Glassboro Services Costs Vs. New Jersey
| Item | Glassboro | New Jersey |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $13.75 | $12.13 |
| Bowling | $19.47 | $18.0 |
| Haircut | $23.54 | $24.26 |
| Beauty Salon | $66.27 | $45.56 |
Detailed Glassboro Groceries Costs Vs. New Jersey
| Item | Glassboro | New Jersey |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.73 | $12.09 |
| Beer | $11.99 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Glassboro Health Costs Vs. New Jersey
| Item | Glassboro | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Glassboro Transportation Costs Vs. New Jersey
| Item | Glassboro | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Glassboro Utilities Costs Vs. New Jersey
| Item | Glassboro | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Glassboro SnackAbility
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Cost Of Living In Cities Around Glassboro
The cost of living varies in the cities and towns around Glassboro. Here's a quick look at the cost of living in the most populous nearby places:
Springdale, NJ has a cost of living index of 123, 1.1x Glassboro.
Williamstown, NJ has a cost of living index of 103, 0.9x Glassboro.
Cherry Hill Mall, NJ has a cost of living index of 114, 1.0x Glassboro.
| City | Population | Cost Of Living | Vs. Glassboro |
|---|---|---|---|
| Springdale, NJ | 15,672 | 123 | 1.1x |
| Williamstown, NJ | 14,855 | 103 | 0.9x |
| Cherry Hill Mall, NJ | 14,827 | 114 | 1.0x |
| Greentree, NJ | 11,024 | 130 | 1.2x |
| Marlton, NJ | 10,473 | 112 | 1.0x |
| Ashland, NJ | 9,437 | 116 | 1.0x |
| Clayton, NJ | 8,867 | 107 | 1.0x |
| Pitman, NJ | 8,834 | 109 | 1.0x |
| Folsom, PA | 8,298 | 110 | 1.0x |
| Haddon Heights, NJ | 7,488 | 114 | 1.0x |
