Little Silver, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
178
Little Silver's Overall Cost Of Living
1.8x
Higher Than The National Average
237 out of 251
In New Jersey
6,199 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Little Silver is expensive, while a number below 100 means it's a relatively cheap place to live.

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 178 which is 1.8x higher than the national index of 100.

Compared to only New Jersey, Little Silver has a cost of living index that's 1.5x higher than New Jersey's index of 121.

The standard of living in Little Silver ranks as #6,205 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Little Silver ranks as the #213 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

Living Expense Little Silver New Jersey National Average
Overall 178 121 100
Services 133 107 100
Groceries 146 107 100
Health 110 100 100
Housing 300 160 100
Transportation 133 106 100
Utilities 100 98 100
For more reading on cost of living around New Jersey, check out:
Little Silver Cost of Living Vs. NJ

Little Silver, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$709,600
Median Home Value
$3,501
Median Rent
$202,875
Median Income
Statistic Little Silver New Jersey United States
Median Home Value $709,600 $343,500 $229,800
Median Rent $3,501 $1,368 $1,096
Median Income $202,875 $85,245 $64,994
Home Value To Income 3.5x 4.0x 3.5x
Rent To Monthly Income 0.21x 0.19x 0.2x

Detailed Little Silver Services Costs Vs. New Jersey

Item Little Silver New Jersey
Shampoo $1.67 $1.06
Movie $16.31 $10.68
Bowling $20.49 $14.67

Detailed Little Silver Groceries Costs Vs. New Jersey

Item Little Silver New Jersey
Ground Beef $6.4 $4.22
Fried Chicken $2.65 $1.39
Milk $3.11 $2.05

Detailed Little Silver Health Costs Vs. New Jersey

Item Little Silver New Jersey
Haircut $23.25 $18.62
Beauty Salon $60.79 $39.05
Toothpaste $4.42 $2.34

Detailed Little Silver Transportation Costs Vs. New Jersey

Item Little Silver New Jersey
Potatoes $4.16 $3.29
Pizza $12.33 $10.62
Beer $12.01 $9.38
Optometrist $108.08 $108.57
Doctor $106.72 $116.17
Dentist $124.43 $99.13

Detailed Little Silver Utilities Costs Vs. New Jersey

Item Little Silver New Jersey
Gasoline $2.62 $2.22
Tire Balancing $80.22 $50.07
All Electricity $157.7 $167.67
Phone $189.52 $175.64

Little Silver SnackAbility

10
/10
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
6
Diversity
4
Safety
9
Amenities
8.5
Education
10
Commute
3

Cost Of Living In Cities Around Little Silver

City Population Cost Of Living Vs. Little Silver
Lakewood, NJ 55,039 136 0.8x
Old Bridge, NJ 27,836 125 0.7x
Tinton Falls, NJ 17,584 126 0.7x
Fairview, NJ 14,218 140 0.8x
West Freehold, NJ 14,118 136 0.8x
Red Bank, NJ 12,039 145 0.8x
Freehold, NJ 11,755 119 0.7x
West Long Branch, NJ 7,911 151 0.8x
Strathmore, NJ 7,514 129 0.7x
Rumson, NJ 6,757 226 1.3x

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