Keyport, NJ Cost Of Living

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

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 116, with 100 being the average.

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

  • Keyport ranks as the #60 cheapest in New Jersey out of 251.

  • Keyport ranks as the #4,558 cheapest out of 6,412 in the US.

  • The median home value in Keyport is $302,700.

  • The median income in Keyport is $66,025.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
116
Keyport's Overall Cost Of Living
1.2x
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 116, 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 higher than New Jersey's index of 111.

The standard of living in Keyport ranks as #60 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Keyport ranks as the #191 most expensive place in the Garden State.

For more reading on life in Keyport, check out:

60 out of 251
In New Jersey
4,558 out of 6,412
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 112.

  • The Groceries index in Keyport is 105.

  • The Health index in Keyport is 102.

  • The Housing index in Keyport is 131.

  • The Transportation index in Keyport is 107.

  • The Utilities index in Keyport is 104.

Living Expense Keyport New Jersey National Average
Overall 116 111 100
Services 112 104 100
Groceries 105 104 100
Health 102 95 100
Housing 131 130 100
Transportation 107 106 100
Utilities 104 108 100
For more reading on cost of living around New Jersey, check out:
Keyport Cost of Living Vs. NJ

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 2017-2021. The key points are:

  • The Median Home Value in Keyport is $302,700.

  • The Median Rent in Keyport is $1,116.

  • The Median Income in Keyport is $66,025.

  • The Home Value To Income in Keyport is 4.6x.

  • The Rent To Monthly Income in Keyport is 0.2x.

Statistic Keyport New Jersey United States
Median Home Value $302,700 $355,700 $244,900
Median Rent $1,116 $1,436 $1,163
Median Income $66,025 $89,703 $69,021
Home Value To Income 4.6x 4.0x 3.5x
Rent To Monthly Income 0.2x 0.19x 0.2x
Search Homes For Sale In Keyport, NJ
$302,700
Median Home Value
$1,116
Median Rent
$66,025
Median Income

Keyport, NJ Costs By Category

Detailed Keyport Services Costs Vs. New Jersey

Item Keyport New Jersey
Shampoo $1.03 $1.06
Movie $12.59 $10.68
Bowling $17.73 $14.67
Haircut $20.73 $18.62
Beauty Salon $36.4 $39.05

Detailed Keyport Groceries Costs Vs. New Jersey

Item Keyport New Jersey
Ground Beef $3.87 $4.22
Fried Chicken $1.67 $1.39
Milk $2.41 $2.05
Potatoes $3.09 $3.29
Pizza $11.4 $10.62
Beer $9.19 $9.38
Toothpaste $2.16 $2.34

Detailed Keyport Health Costs Vs. New Jersey

Item Keyport New Jersey
Optometrist $101.33 $108.57
Doctor $94.5 $116.17
Dentist $113.15 $99.13

Detailed Keyport Transportation Costs Vs. New Jersey

Item Keyport New Jersey
Gasoline $2.26 $2.22
Tire Balancing $56.66 $50.07

Detailed Keyport Utilities Costs Vs. New Jersey

Item Keyport New Jersey
All Electricity $174.26 $167.67
Phone $179.87 $175.64

Keyport SnackAbility

8.5
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
5
Diversity
8.5
Safety
8
Amenities
8.5
Education
8
Commute
5

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 170, 1.5x Keyport.

  • Colonia, NJ has a cost of living index of 127, 1.1x Keyport.

  • Middlesex, NJ has a cost of living index of 123, 1.1x Keyport.

City Population Cost Of Living Vs. Keyport
Westfield, NJ 30,950 170 1.5x
Colonia, NJ 18,776 127 1.1x
Middlesex, NJ 14,513 123 1.1x
Kendall Park, NJ 10,560 131 1.1x
Keansburg, NJ 9,781 107 0.9x
Matawan, NJ 9,486 125 1.1x
Twin Rivers, NJ 8,049 114 1.0x
Madison Park, NJ 8,014 119 1.0x
Fanwood, NJ 7,727 149 1.3x
Yorketown, NJ 7,316 144 1.2x

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