What is the cost of living in Little Silver, NJ?
According to the most recent data on the cost of living, Little Silver has an overall cost of living index of 195, which is 1.9x higher than the national index of 100.
Compared to New Jersey, Little Silver has a cost of living index that's 1.6x higher than New Jersey's index of 125.
The standard of living in Little Silver ranks as #253 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Little Silver ranks as the #9 most expensive place in the Garden State.
For more reading on life in Little Silver, check out:
Little Silver Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Little Silver. Here is how it fares on each of the criteria:
The Services index in Little Silver is 103.
The Groceries index in Little Silver is 113.
The Health index in Little Silver is 383.
The Housing index in Little Silver is 115.
The Transportation index in Little Silver is 107.
The Utilities index in Little Silver is 114.
| Living Expense | Little Silver | New Jersey | National Average |
|---|---|---|---|
| Overall | 195 | 125 | 100 |
| Services | 103 | 107 | 100 |
| Groceries | 113 | 113 | 100 |
| Health | 383 | 155 | 100 |
| Housing | 115 | 116 | 100 |
| Transportation | 107 | 112 | 100 |
| Utilities | 114 | 113 | 100 |
Little Silver Cost Of Living Compared To New Jersey Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Jersey, check out:
Protect your home budget Compare home warranties in Little Silver Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Little Silver, 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 2020-2024. The key points are:
The Median Home Value in Little Silver is $1,110,499.
The Median Rent in Little Silver is $3,501.
The Median Income in Little Silver is $240,853.
The Home Value To Income in Little Silver is 4.6x.
The Rent To Monthly Income in Little Silver is 0.17x.
| Statistic | Little Silver | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $1,110,499 | $569,411 | $332,700 |
| Median Rent | $3,501 | $1,720 | $1,413 |
| Median Income | $240,853 | $103,556 | $80,734 |
| Home Value To Income | 4.6x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Little Silver, NJ Costs By Category
Detailed Little Silver Services costs vs. New Jersey
| Item | Little Silver | New Jersey |
|---|---|---|
| Shampoo | $1.69 | $1.28 |
| Movie | $13.68 | $12.13 |
| Bowling | $29.4 | $18 |
| Haircut | $34.94 | $24.26 |
| Beauty Salon | $64.07 | $45.56 |
Detailed Little Silver Groceries costs vs. New Jersey
| Item | Little Silver | New Jersey |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.97 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $12.57 | $12.09 |
| Beer | $11.87 | $10.41 |
| Toothpaste | $3.96 | $3.7 |
Detailed Little Silver Health costs vs. New Jersey
| Item | Little Silver | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Little Silver Transportation costs vs. New Jersey
| Item | Little Silver | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Little Silver Utilities costs vs. New Jersey
| Item | Little Silver | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Little Silver SnackAbility
Cost Of Living In Cities Around Little Silver
The cost of living varies in the cities and towns around Little Silver. Here's a quick look at the cost of living in the most populous nearby places:
Lakewood, NJ has a cost of living index of 151, 0.8x Little Silver.
Old Bridge, NJ has a cost of living index of 129, 0.7x Little Silver.
Tinton Falls, NJ has a cost of living index of 139, 0.7x Little Silver.
| City | Population | Cost Of Living | Vs. Little Silver |
|---|---|---|---|
| Lakewood, NJ | 69,585 | 151 | 0.8x |
| Old Bridge, NJ | 28,236 | 129 | 0.7x |
| Tinton Falls, NJ | 19,361 | 139 | 0.7x |
| Fairview, NJ | 15,099 | 151 | 0.8x |
| West Freehold, NJ | 14,883 | 140 | 0.7x |
| Red Bank, NJ | 12,862 | 139 | 0.7x |
| Freehold, NJ | 12,507 | 130 | 0.7x |
| West Long Branch, NJ | 8,586 | 144 | 0.7x |
| Yorketown, NJ | 7,261 | 142 | 0.7x |
| Rumson, NJ | 7,241 | 238 | 1.2x |
