Linwood, NJ Cost Of Living
Cost Of Living In Linwood, NJ Summary
Cost of living in Linwood 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 Linwood 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 Linwood is 120, with 100 being the average.
The cost of living index in Linwood is 1.2x higher than the national average.
Linwood ranks as the #87 cheapest in New Jersey out of 260.
Linwood ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Linwood is $489,545.
The median income in Linwood is $135,904.
Table Of Contents
Linwood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Linwood, NJ?
According to the most recent data on the cost of living, Linwood has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Linwood has a cost of living index that's 1.0x lower than New Jersey's index of 122.
The standard of living in Linwood ranks as #87 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Linwood ranks as the #173 most expensive place in the Garden State.
For more reading on life in Linwood, check out:
In New Jersey
In America
Linwood Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Linwood. Here is how it fairs on each of the criteria:
The Services index in Linwood is 100.
The Groceries index in Linwood is 101.
The Health index in Linwood is 100.
The Housing index in Linwood is 160.
The Transportation index in Linwood is 100.
The Utilities index in Linwood is 105.
| Living Expense | Linwood | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 120 | 122 | 100 | |
| Services | 100 | 108 | 100 | |
| Groceries | 101 | 102 | 100 | |
| Health | 100 | 97 | 100 | |
| Housing | 160 | 160 | 100 | |
| Transportation | 100 | 103 | 100 | |
| Utilities | 105 | 109 | 100 | |
Linwood, 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 Linwood is $489,545.
The Median Rent in Linwood is $2,070.
The Median Income in Linwood is $135,904.
The Home Value To Income in Linwood is 3.6x.
The Rent To Monthly Income in Linwood is 0.18x.
| Statistic | Linwood | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $489,545 | $564,432 | $303,400 |
| Median Rent | $2,070 | $1,653 | $1,348 |
| Median Income | $135,904 | $101,050 | $78,538 |
| Home Value To Income | 3.6x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Linwood, NJ Costs By Category
Detailed Linwood Services Costs Vs. New Jersey
| Item | Linwood | New Jersey |
|---|---|---|
| Shampoo | $1.28 | $1.28 |
| Movie | $12.4 | $12.13 |
| Bowling | $19.44 | $18.0 |
| Haircut | $23.17 | $24.26 |
| Beauty Salon | $52.17 | $45.56 |
Detailed Linwood Groceries Costs Vs. New Jersey
| Item | Linwood | New Jersey |
|---|---|---|
| Ground Beef | $6.11 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.68 | $4.67 |
| Potatoes | $5.38 | $4.93 |
| Pizza | $12.29 | $12.09 |
| Beer | $11.43 | $10.41 |
| Toothpaste | $3.59 | $3.7 |
Detailed Linwood Health Costs Vs. New Jersey
| Item | Linwood | New Jersey |
|---|---|---|
| Optometrist | $143.3 | $125.68 |
| Doctor | $134.5 | $135.78 |
| Dentist | $120.11 | $113.29 |
Detailed Linwood Transportation Costs Vs. New Jersey
| Item | Linwood | New Jersey |
|---|---|---|
| Gasoline | $3.44 | $3.46 |
| Tire Balancing | $62.39 | $59.92 |
Detailed Linwood Utilities Costs Vs. New Jersey
| Item | Linwood | New Jersey |
|---|---|---|
| All Electricity | $214.53 | $193.99 |
| Phone | $195.25 | $192.25 |
Linwood SnackAbility
/10
Cost Of Living In Cities Around Linwood
The cost of living varies in the cities and towns around Linwood. Here's a quick look at the cost of living in the most populous nearby places:
Pleasantville, NJ has a cost of living index of 99, 0.8x Linwood.
Somers Point, NJ has a cost of living index of 105, 0.9x Linwood.
Absecon, NJ has a cost of living index of 110, 0.9x Linwood.
| City | Population | Cost Of Living | Vs. Linwood |
|---|---|---|---|
| Pleasantville, NJ | 20,604 | 99 | 0.8x |
| Somers Point, NJ | 10,461 | 105 | 0.9x |
| Absecon, NJ | 9,099 | 110 | 0.9x |
| Northfield, NJ | 8,427 | 111 | 0.9x |
| Pomona, NJ | 8,141 | 100 | 0.8x |
| Brigantine, NJ | 7,702 | 127 | 1.1x |
| Mystic Island, NJ | 7,616 | 110 | 0.9x |
