Manasquan, NJ Cost Of Living
Cost Of Living In Manasquan, NJ Summary
Cost of living in Manasquan 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 Manasquan 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 Manasquan is 164, with 100 being the average.
The cost of living index in Manasquan is 1.6x higher than the national average.
Manasquan ranks as the #226 cheapest in New Jersey out of 260.
Manasquan ranks as the #5,968 cheapest out of 6,489 in the US.
The median home value in Manasquan is $1,122,399.
The median income in Manasquan is $156,542.
Table Of Contents
Manasquan's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Manasquan, NJ?
According to the most recent data on the cost of living, Manasquan has an overall cost of living index of 164, which is 1.6x higher than the national index of 100.
Compared to New Jersey, Manasquan has a cost of living index that's 1.3x higher than New Jersey's index of 122.
The standard of living in Manasquan ranks as #226 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Manasquan ranks as the #34 most expensive place in the Garden State.
For more reading on life in Manasquan, check out:
In New Jersey
In America
Manasquan Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Manasquan. Here is how it fairs on each of the criteria:
The Services index in Manasquan is 111.
The Groceries index in Manasquan is 104.
The Health index in Manasquan is 100.
The Housing index in Manasquan is 302.
The Transportation index in Manasquan is 105.
The Utilities index in Manasquan is 110.
| Living Expense | Manasquan | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 164 | 122 | 100 | |
| Services | 111 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 100 | 99 | 100 | |
| Housing | 302 | 159 | 100 | |
| Transportation | 105 | 101 | 100 | |
| Utilities | 110 | 107 | 100 | |
Manasquan, 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 Manasquan is $1,122,399.
The Median Rent in Manasquan is $1,655.
The Median Income in Manasquan is $156,542.
The Home Value To Income in Manasquan is 7.2x.
The Rent To Monthly Income in Manasquan is 0.13x.
| Statistic | Manasquan | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $1,122,399 | $564,432 | $303,400 |
| Median Rent | $1,655 | $1,653 | $1,348 |
| Median Income | $156,542 | $101,050 | $78,538 |
| Home Value To Income | 7.2x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.13x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Manasquan, NJ Costs By Category
Detailed Manasquan Services Costs Vs. New Jersey
| Item | Manasquan | New Jersey |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.53 | $12.13 |
| Bowling | $20.98 | $18 |
| Haircut | $30.25 | $24.26 |
| Beauty Salon | $53.0 | $45.56 |
Detailed Manasquan Groceries Costs Vs. New Jersey
| Item | Manasquan | New Jersey |
|---|---|---|
| Ground Beef | $6.13 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.7 | $4.67 |
| Potatoes | $5.32 | $4.93 |
| Pizza | $12.59 | $12.09 |
| Beer | $11.12 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Manasquan Health Costs Vs. New Jersey
| Item | Manasquan | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Manasquan Transportation Costs Vs. New Jersey
| Item | Manasquan | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Manasquan Utilities Costs Vs. New Jersey
| Item | Manasquan | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Manasquan SnackAbility
/10
Cost Of Living In Cities Around Manasquan
The cost of living varies in the cities and towns around Manasquan. 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 147, 0.9x Manasquan.
Tinton Falls, NJ has a cost of living index of 134, 0.8x Manasquan.
Point Pleasant, NJ has a cost of living index of 133, 0.8x Manasquan.
| City | Population | Cost Of Living | Vs. Manasquan |
|---|---|---|---|
| Lakewood, NJ | 69,884 | 147 | 0.9x |
| Tinton Falls, NJ | 19,252 | 134 | 0.8x |
| Point Pleasant, NJ | 19,158 | 133 | 0.8x |
| West Freehold, NJ | 14,233 | 136 | 0.8x |
| Freehold, NJ | 12,504 | 125 | 0.8x |
| Pine Lake Park, NJ | 9,251 | 122 | 0.7x |
| Lincroft, NJ | 6,901 | 146 | 0.9x |
| Ramtown, NJ | 6,410 | 134 | 0.8x |
| Fair Haven, NJ | 6,182 | 206 | 1.3x |
| Little Silver, NJ | 6,096 | 196 | 1.2x |
