Keyport, NJ Cost Of Living
Cost Of Living In Keyport, NJ Summary
Cost of living in Keyport 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 Keyport 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 Keyport is 119, with 100 being the average.
The cost of living index in Keyport is 1.2x higher than the national average.
Keyport ranks as the #81 cheapest in New Jersey out of 260.
Keyport ranks as the #4,349 cheapest out of 6,489 in the US.
The median home value in Keyport is $490,845.
The median income in Keyport is $79,036.
Table Of Contents
Keyport's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Keyport, NJ?
According to the most recent data on the cost of living, Keyport has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Keyport has a cost of living index that's 1.0x lower than New Jersey's index of 122.
The standard of living in Keyport ranks as #81 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Keyport ranks as the #179 most expensive place in the Garden State.
For more reading on life in Keyport, check out:
In New Jersey
In America
Keyport Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Keyport. Here is how it fairs on each of the criteria:
The Services index in Keyport is 111.
The Groceries index in Keyport is 104.
The Health index in Keyport is 102.
The Housing index in Keyport is 144.
The Transportation index in Keyport is 104.
The Utilities index in Keyport is 108.
| Living Expense | Keyport | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 119 | 122 | 100 | |
| Services | 111 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 102 | 99 | 100 | |
| Housing | 144 | 159 | 100 | |
| Transportation | 104 | 101 | 100 | |
| Utilities | 108 | 107 | 100 | |
Keyport, 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 Keyport is $490,845.
The Median Rent in Keyport is $1,379.
The Median Income in Keyport is $79,036.
The Home Value To Income in Keyport is 6.2x.
The Rent To Monthly Income in Keyport is 0.21x.
| Statistic | Keyport | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $490,845 | $564,432 | $303,400 |
| Median Rent | $1,379 | $1,653 | $1,348 |
| Median Income | $79,036 | $101,050 | $78,538 |
| Home Value To Income | 6.2x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Keyport, NJ Costs By Category
Detailed Keyport Services Costs Vs. New Jersey
| Item | Keyport | 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 Keyport Groceries Costs Vs. New Jersey
| Item | Keyport | 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 Keyport Health Costs Vs. New Jersey
| Item | Keyport | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Keyport Transportation Costs Vs. New Jersey
| Item | Keyport | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Keyport Utilities Costs Vs. New Jersey
| Item | Keyport | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Keyport SnackAbility
/10
Cost Of Living In Cities Around Keyport
The cost of living varies in the cities and towns around Keyport. Here's a quick look at the cost of living in the most populous nearby places:
Westfield, NJ has a cost of living index of 178, 1.5x Keyport.
Colonia, NJ has a cost of living index of 131, 1.1x Keyport.
Middlesex, NJ has a cost of living index of 126, 1.1x Keyport.
| City | Population | Cost Of Living | Vs. Keyport |
|---|---|---|---|
| Westfield, NJ | 30,760 | 178 | 1.5x |
| Colonia, NJ | 18,294 | 131 | 1.1x |
| Middlesex, NJ | 14,518 | 126 | 1.1x |
| Kendall Park, NJ | 10,765 | 142 | 1.2x |
| Keansburg, NJ | 9,729 | 108 | 0.9x |
| Matawan, NJ | 9,636 | 129 | 1.1x |
| Madison Park, NJ | 8,798 | 120 | 1.0x |
| Twin Rivers, NJ | 8,315 | 118 | 1.0x |
| Fanwood, NJ | 7,714 | 150 | 1.3x |
| Yorketown, NJ | 7,265 | 140 | 1.2x |
