Kearny, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Kearny, NJ Summary

Cost of living in Kearny 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 Kearny 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 Kearny is 124, with 100 being the average.

  • The cost of living index in Kearny is 1.2x higher than the national average.

  • Kearny ranks as the #114 cheapest in New Jersey out of 251.

  • Kearny ranks as the #4,999 cheapest out of 6,412 in the US.

  • The median home value in Kearny is $359,800.

  • The median income in Kearny is $76,647.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
124
Kearny's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Kearny, NJ?

According to the most recent data on the cost of living, Kearny has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.

Compared to New Jersey, Kearny has a cost of living index that's 1.1x higher than New Jersey's index of 111.

The standard of living in Kearny ranks as #114 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Kearny ranks as the #137 most expensive place in the Garden State.

For more reading on life in Kearny, check out:

114 out of 251
In New Jersey
4,999 out of 6,412
In America

Kearny Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Kearny. Here is how it fairs on each of the criteria:

  • The Services index in Kearny is 115.

  • The Groceries index in Kearny is 108.

  • The Health index in Kearny is 98.

  • The Housing index in Kearny is 155.

  • The Transportation index in Kearny is 106.

  • The Utilities index in Kearny is 103.

Living Expense Kearny New Jersey National Average
Overall 124 111 100
Services 115 104 100
Groceries 108 104 100
Health 98 95 100
Housing 155 130 100
Transportation 106 106 100
Utilities 103 108 100
For more reading on cost of living around New Jersey, check out:
Kearny Cost of Living Vs. NJ

Kearny, 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 2017-2021. The key points are:

  • The Median Home Value in Kearny is $359,800.

  • The Median Rent in Kearny is $1,416.

  • The Median Income in Kearny is $76,647.

  • The Home Value To Income in Kearny is 4.7x.

  • The Rent To Monthly Income in Kearny is 0.22x.

Statistic Kearny New Jersey United States
Median Home Value $359,800 $355,700 $244,900
Median Rent $1,416 $1,436 $1,163
Median Income $76,647 $89,703 $69,021
Home Value To Income 4.7x 4.0x 3.5x
Rent To Monthly Income 0.22x 0.19x 0.2x
Search Homes For Sale In Kearny, NJ
$359,800
Median Home Value
$1,416
Median Rent
$76,647
Median Income

Kearny, NJ Costs By Category

Detailed Kearny Services Costs Vs. New Jersey

Item Kearny New Jersey
Shampoo $1.0 $1.06
Movie $12.49 $10.68
Bowling $18.0 $14.67
Haircut $20.93 $18.62
Beauty Salon $36.53 $39.05

Detailed Kearny Groceries Costs Vs. New Jersey

Item Kearny New Jersey
Ground Beef $4.09 $4.22
Fried Chicken $1.79 $1.39
Milk $2.44 $2.05
Potatoes $3.25 $3.29
Pizza $11.36 $10.62
Beer $9.32 $9.38
Toothpaste $2.22 $2.34

Detailed Kearny Health Costs Vs. New Jersey

Item Kearny New Jersey
Optometrist $106.0 $108.57
Doctor $91.0 $116.17
Dentist $102.33 $99.13

Detailed Kearny Transportation Costs Vs. New Jersey

Item Kearny New Jersey
Gasoline $2.37 $2.22
Tire Balancing $54.12 $50.07

Detailed Kearny Utilities Costs Vs. New Jersey

Item Kearny New Jersey
All Electricity $178.53 $167.67
Phone $179.87 $175.64

Kearny SnackAbility

8
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
5
Diversity
9
Safety
8
Amenities
9.5
Education
6
Commute
4

Cost Of Living In Cities Around Kearny

The cost of living varies in the cities and towns around Kearny. Here's a quick look at the cost of living in the most populous nearby places:

  • Newark, NJ has a cost of living index of 112, 0.9x Kearny.

  • Westfield, NJ has a cost of living index of 170, 1.4x Kearny.

  • Secaucus, NJ has a cost of living index of 152, 1.2x Kearny.

City Population Cost Of Living Vs. Kearny
Newark, NJ 306,247 112 0.9x
Westfield, NJ 30,950 170 1.4x
Secaucus, NJ 21,439 152 1.2x
Harrison, NJ 18,824 123 1.0x
Rutherford, NJ 18,781 137 1.1x
North Arlington, NJ 16,339 129 1.0x
Florham Park, NJ 12,655 165 1.3x
Hasbrouck Heights, NJ 12,120 134 1.1x
Glen Rock, NJ 12,098 163 1.3x
Lincoln Park, NJ 10,877 124 1.0x

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