Cost of living in Greentree 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 Greentree 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 Greentree is 130, with 100 being the average.
The cost of living index in Greentree is 1.3x higher than the national average.
Greentree ranks as the #132 cheapest in New Jersey out of 260.
Greentree ranks as the #4,989 cheapest out of 6,489 in the US.
The median home value in Greentree is $554,136.
The median income in Greentree is $144,426.
According to the most recent data on the cost of living, Greentree has an overall cost of living index of 130, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Greentree has a cost of living index that's 1.1x higher than New Jersey's index of 122.
The standard of living in Greentree ranks as #132 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Greentree ranks as the #128 most expensive place in the Garden State.
For more reading on life in Greentree, check out:
Six factors go into calculating the cost of living index in Greentree. Here is how it fairs on each of the criteria:
The Services index in Greentree is 104.
The Groceries index in Greentree is 103.
The Health index in Greentree is 94.
The Housing index in Greentree is 185.
The Transportation index in Greentree is 107.
The Utilities index in Greentree is 111.
| Living Expense | Greentree | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 130 | 122 | 100 | |
| Services | 104 | 108 | 100 | |
| Groceries | 103 | 104 | 100 | |
| Health | 94 | 99 | 100 | |
| Housing | 185 | 159 | 100 | |
| Transportation | 107 | 101 | 100 | |
| Utilities | 111 | 107 | 100 | |
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 Greentree is $554,136.
The Median Rent in Greentree is $2,269.
The Median Income in Greentree is $144,426.
The Home Value To Income in Greentree is 3.8x.
The Rent To Monthly Income in Greentree is 0.19x.
| Statistic | Greentree | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $554,136 | $564,432 | $303,400 |
| Median Rent | $2,269 | $1,653 | $1,348 |
| Median Income | $144,426 | $101,050 | $78,538 |
| Home Value To Income | 3.8x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
| Item | Greentree | New Jersey |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $13.75 | $12.13 |
| Bowling | $19.47 | $18 |
| Haircut | $23.54 | $24.26 |
| Beauty Salon | $66.27 | $45.56 |
| Item | Greentree | 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 |
| Item | Greentree | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
| Item | Greentree | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
| Item | Greentree | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
The cost of living varies in the cities and towns around Greentree. Here's a quick look at the cost of living in the most populous nearby places:
Levittown, PA has a cost of living index of 112, 0.9x Greentree.
Springdale, NJ has a cost of living index of 123, 0.9x Greentree.
Cherry Hill Mall, NJ has a cost of living index of 114, 0.9x Greentree.
| City | Population | Cost Of Living | Vs. Greentree |
|---|---|---|---|
| Levittown, PA | 50,930 | 112 | 0.9x |
| Springdale, NJ | 15,672 | 123 | 0.9x |
| Cherry Hill Mall, NJ | 14,827 | 114 | 0.9x |
| Ardmore, PA | 14,165 | 124 | 1.0x |
| Haddonfield, NJ | 12,502 | 147 | 1.1x |
| Marlton, NJ | 10,473 | 112 | 0.9x |
| Ashland, NJ | 9,437 | 116 | 0.9x |
| Fort Dix, NJ | 8,034 | 140 | 1.1x |
| Glenside, PA | 7,941 | 118 | 0.9x |
| Ramblewood, NJ | 6,542 | 119 | 0.9x |