Iselin, NJ Cost Of Living
Cost Of Living In Iselin, NJ Summary
Cost of living in Iselin 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 Iselin 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 Iselin is 131, with 100 being the average.
The cost of living index in Iselin is 1.3x higher than the national average.
Iselin ranks as the #138 cheapest in New Jersey out of 260.
Iselin ranks as the #5,035 cheapest out of 6,489 in the US.
The median home value in Iselin is $555,819.
The median income in Iselin is $112,615.
Table Of Contents
Iselin's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Iselin, NJ?
According to the most recent data on the cost of living, Iselin has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Iselin has a cost of living index that's 1.1x higher than New Jersey's index of 122.
The standard of living in Iselin ranks as #138 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Iselin ranks as the #122 most expensive place in the Garden State.
For more reading on life in Iselin, check out:
In New Jersey
In America
Iselin Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Iselin. Here is how it fairs on each of the criteria:
The Services index in Iselin is 112.
The Groceries index in Iselin is 103.
The Health index in Iselin is 100.
The Housing index in Iselin is 177.
The Transportation index in Iselin is 106.
The Utilities index in Iselin is 106.
| Living Expense | Iselin | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 131 | 122 | 100 | |
| Services | 112 | 108 | 100 | |
| Groceries | 103 | 104 | 100 | |
| Health | 100 | 99 | 100 | |
| Housing | 177 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 106 | 107 | 100 | |
Iselin, 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 Iselin is $555,819.
The Median Rent in Iselin is $2,051.
The Median Income in Iselin is $112,615.
The Home Value To Income in Iselin is 4.9x.
The Rent To Monthly Income in Iselin is 0.22x.
| Statistic | Iselin | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $555,819 | $564,432 | $303,400 |
| Median Rent | $2,051 | $1,653 | $1,348 |
| Median Income | $112,615 | $101,050 | $78,538 |
| Home Value To Income | 4.9x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Iselin, NJ Costs By Category
Detailed Iselin Services Costs Vs. New Jersey
| Item | Iselin | 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 Iselin Groceries Costs Vs. New Jersey
| Item | Iselin | 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 Iselin Health Costs Vs. New Jersey
| Item | Iselin | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Iselin Transportation Costs Vs. New Jersey
| Item | Iselin | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Iselin Utilities Costs Vs. New Jersey
| Item | Iselin | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Iselin SnackAbility
/10
Cost Of Living In Cities Around Iselin
The cost of living varies in the cities and towns around Iselin. Here's a quick look at the cost of living in the most populous nearby places:
Perth Amboy, NJ has a cost of living index of 119, 0.9x Iselin.
Westfield, NJ has a cost of living index of 178, 1.4x Iselin.
Rahway, NJ has a cost of living index of 116, 0.9x Iselin.
| City | Population | Cost Of Living | Vs. Iselin |
|---|---|---|---|
| Perth Amboy, NJ | 55,278 | 119 | 0.9x |
| Westfield, NJ | 30,760 | 178 | 1.4x |
| Rahway, NJ | 29,748 | 116 | 0.9x |
| South Plainfield, NJ | 24,231 | 132 | 1.0x |
| Woodbridge, NJ | 20,086 | 127 | 1.0x |
| Colonia, NJ | 18,294 | 131 | 1.0x |
| Avenel, NJ | 17,143 | 122 | 0.9x |
| Metuchen, NJ | 14,982 | 144 | 1.1x |
| Middlesex, NJ | 14,518 | 126 | 1.0x |
| Bradley Gardens, NJ | 14,315 | 150 | 1.1x |
