Long Branch, NJ Cost Of Living
Cost Of Living In Long Branch, NJ Summary
Cost of living in Long Branch 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 Long Branch 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 Long Branch is 140, with 100 being the average.
The cost of living index in Long Branch is 1.4x higher than the national average.
Long Branch ranks as the #172 cheapest in New Jersey out of 260.
Long Branch ranks as the #5,404 cheapest out of 6,489 in the US.
The median home value in Long Branch is $779,096.
The median income in Long Branch is $73,381.
Table Of Contents
Long Branch's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Long Branch, NJ?
According to the most recent data on the cost of living, Long Branch has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Long Branch has a cost of living index that's 1.1x higher than New Jersey's index of 122.
The standard of living in Long Branch ranks as #172 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Long Branch ranks as the #88 most expensive place in the Garden State.
For more reading on life in Long Branch, check out:
In New Jersey
In America
Long Branch Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Long Branch. Here is how it fairs on each of the criteria:
The Services index in Long Branch is 126.
The Groceries index in Long Branch is 114.
The Health index in Long Branch is 120.
The Housing index in Long Branch is 184.
The Transportation index in Long Branch is 116.
The Utilities index in Long Branch is 100.
| Living Expense | Long Branch | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 140 | 122 | 100 | |
| Services | 126 | 108 | 100 | |
| Groceries | 114 | 104 | 100 | |
| Health | 120 | 99 | 100 | |
| Housing | 184 | 159 | 100 | |
| Transportation | 116 | 101 | 100 | |
| Utilities | 100 | 107 | 100 | |
Long Branch, 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 Long Branch is $779,096.
The Median Rent in Long Branch is $1,744.
The Median Income in Long Branch is $73,381.
The Home Value To Income in Long Branch is 10.6x.
The Rent To Monthly Income in Long Branch is 0.29x.
| Statistic | Long Branch | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $779,096 | $564,432 | $303,400 |
| Median Rent | $1,744 | $1,653 | $1,348 |
| Median Income | $73,381 | $101,050 | $78,538 |
| Home Value To Income | 10.6x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.29x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Long Branch, NJ Costs By Category
Detailed Long Branch Services Costs Vs. New Jersey
| Item | Long Branch | 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 Long Branch Groceries Costs Vs. New Jersey
| Item | Long Branch | 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 Long Branch Health Costs Vs. New Jersey
| Item | Long Branch | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Long Branch Transportation Costs Vs. New Jersey
| Item | Long Branch | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Long Branch Utilities Costs Vs. New Jersey
| Item | Long Branch | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Long Branch SnackAbility
/10
Cost Of Living In Cities Around Long Branch
The cost of living varies in the cities and towns around Long Branch. Here's a quick look at the cost of living in the most populous nearby places:
Old Bridge, NJ has a cost of living index of 128, 0.9x Long Branch.
Tinton Falls, NJ has a cost of living index of 134, 1.0x Long Branch.
West Freehold, NJ has a cost of living index of 136, 1.0x Long Branch.
| City | Population | Cost Of Living | Vs. Long Branch |
|---|---|---|---|
| Old Bridge, NJ | 28,015 | 128 | 0.9x |
| Tinton Falls, NJ | 19,252 | 134 | 1.0x |
| West Freehold, NJ | 14,233 | 136 | 1.0x |
| Freehold, NJ | 12,504 | 125 | 0.9x |
| West Long Branch, NJ | 8,576 | 151 | 1.1x |
| Yorketown, NJ | 7,265 | 140 | 1.0x |
| Lincroft, NJ | 6,901 | 146 | 1.0x |
| Strathmore, NJ | 6,593 | 136 | 1.0x |
| Ramtown, NJ | 6,410 | 134 | 1.0x |
| Oceanport, NJ | 6,130 | 170 | 1.2x |
