Heathcote, NJ Cost Of Living
Cost Of Living In Heathcote, NJ Summary
Cost of living in Heathcote 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 Heathcote 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 Heathcote is 142, with 100 being the average.
The cost of living index in Heathcote is 1.4x higher than the national average.
Heathcote ranks as the #181 cheapest in New Jersey out of 260.
Heathcote ranks as the #5,468 cheapest out of 6,489 in the US.
The median home value in Heathcote is $743,820.
The median income in Heathcote is $127,391.
Table Of Contents
Heathcote's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Heathcote, NJ?
According to the most recent data on the cost of living, Heathcote has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Heathcote has a cost of living index that's 1.2x higher than New Jersey's index of 122.
The standard of living in Heathcote ranks as #181 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Heathcote ranks as the #79 most expensive place in the Garden State.
For more reading on life in Heathcote, check out:
In New Jersey
In America
Heathcote Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Heathcote. Here is how it fairs on each of the criteria:
The Services index in Heathcote is 113.
The Groceries index in Heathcote is 104.
The Health index in Heathcote is 104.
The Housing index in Heathcote is 222.
The Transportation index in Heathcote is 106.
The Utilities index in Heathcote is 108.
| Living Expense | Heathcote | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 142 | 122 | 100 | |
| Services | 113 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 104 | 99 | 100 | |
| Housing | 222 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 108 | 107 | 100 | |
Heathcote, 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 Heathcote is $743,820.
The Median Rent in Heathcote is $1,468.
The Median Income in Heathcote is $127,391.
The Home Value To Income in Heathcote is 5.8x.
The Rent To Monthly Income in Heathcote is 0.14x.
| Statistic | Heathcote | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $743,820 | $564,432 | $303,400 |
| Median Rent | $1,468 | $1,653 | $1,348 |
| Median Income | $127,391 | $101,050 | $78,538 |
| Home Value To Income | 5.8x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.14x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Heathcote, NJ Costs By Category
Detailed Heathcote Services Costs Vs. New Jersey
| Item | Heathcote | New Jersey |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.53 | $12.13 |
| Bowling | $20.98 | $18 |
| Haircut | $30.25 | $24.26 |
| Beauty Salon | $53.0 | $45.56 |
Detailed Heathcote Groceries Costs Vs. New Jersey
| Item | Heathcote | New Jersey |
|---|---|---|
| Ground Beef | $6.13 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.7 | $4.67 |
| Potatoes | $5.32 | $4.93 |
| Pizza | $12.59 | $12.09 |
| Beer | $11.12 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Heathcote Health Costs Vs. New Jersey
| Item | Heathcote | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Heathcote Transportation Costs Vs. New Jersey
| Item | Heathcote | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Heathcote Utilities Costs Vs. New Jersey
| Item | Heathcote | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Heathcote SnackAbility
/10
Cost Of Living In Cities Around Heathcote
The cost of living varies in the cities and towns around Heathcote. Here's a quick look at the cost of living in the most populous nearby places:
Colonia, NJ has a cost of living index of 131, 0.9x Heathcote.
Princeton Meadows, NJ has a cost of living index of 153, 1.1x Heathcote.
Middlesex, NJ has a cost of living index of 126, 0.9x Heathcote.
| City | Population | Cost Of Living | Vs. Heathcote |
|---|---|---|---|
| Colonia, NJ | 18,294 | 131 | 0.9x |
| Princeton Meadows, NJ | 15,382 | 153 | 1.1x |
| Middlesex, NJ | 14,518 | 126 | 0.9x |
| Bradley Gardens, NJ | 14,315 | 150 | 1.1x |
| Mercerville, NJ | 13,693 | 118 | 0.8x |
| Franklin Park, NJ | 13,327 | 125 | 0.9x |
| Martinsville, NJ | 12,016 | 159 | 1.1x |
| Hamilton Square, NJ | 11,643 | 125 | 0.9x |
| Kendall Park, NJ | 10,765 | 142 | 1.0x |
| White Horse, NJ | 10,040 | 115 | 0.8x |
