What is the cost of living in Matawan, NJ?
According to the most recent data on the cost of living, Matawan has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Matawan has a cost of living index that's 1.1x higher than New Jersey's index of 125.
The standard of living in Matawan ranks as #132 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Matawan ranks as the #130 most expensive place in the Garden State.
For more reading on life in Matawan, check out:
Matawan Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Matawan. Here is how it fares on each of the criteria:
The Services index in Matawan is 111.
The Groceries index in Matawan is 108.
The Health index in Matawan is 180.
The Housing index in Matawan is 112.
The Transportation index in Matawan is 109.
The Utilities index in Matawan is 110.
| Living Expense | Matawan | New Jersey | National Average |
|---|---|---|---|
| Overall | 133 | 125 | 100 |
| Services | 111 | 107 | 100 |
| Groceries | 108 | 113 | 100 |
| Health | 180 | 155 | 100 |
| Housing | 112 | 116 | 100 |
| Transportation | 109 | 112 | 100 |
| Utilities | 110 | 113 | 100 |
Matawan 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 Matawan Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Matawan, 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 Matawan is $645,511.
The Median Rent in Matawan is $1,824.
The Median Income in Matawan is $123,354.
The Home Value To Income in Matawan is 5.2x.
The Rent To Monthly Income in Matawan is 0.18x.
| Statistic | Matawan | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $645,511 | $569,411 | $332,700 |
| Median Rent | $1,824 | $1,720 | $1,413 |
| Median Income | $123,354 | $103,556 | $80,734 |
| Home Value To Income | 5.2x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Matawan, NJ Costs By Category
Detailed Matawan Services costs vs. New Jersey
| Item | Matawan | 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 Matawan Groceries costs vs. New Jersey
| Item | Matawan | 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 Matawan Health costs vs. New Jersey
| Item | Matawan | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Matawan Transportation costs vs. New Jersey
| Item | Matawan | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Matawan Utilities costs vs. New Jersey
| Item | Matawan | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Matawan SnackAbility
Cost Of Living In Cities Around Matawan
The cost of living varies in the cities and towns around Matawan. Here's a quick look at the cost of living in the most populous nearby places:
Westfield, NJ has a cost of living index of 182, 1.4x Matawan.
Old Bridge, NJ has a cost of living index of 129, 1.0x Matawan.
Colonia, NJ has a cost of living index of 136, 1.0x Matawan.
| City | Population | Cost Of Living | Vs. Matawan |
|---|---|---|---|
| Westfield, NJ | 31,111 | 182 | 1.4x |
| Old Bridge, NJ | 28,236 | 129 | 1.0x |
| Colonia, NJ | 18,587 | 136 | 1.0x |
| Middlesex, NJ | 14,645 | 128 | 1.0x |
| Kendall Park, NJ | 10,011 | 140 | 1.1x |
| Keansburg, NJ | 9,719 | 114 | 0.9x |
| Madison Park, NJ | 9,124 | 126 | 0.9x |
| Twin Rivers, NJ | 8,382 | 121 | 0.9x |
| Fanwood, NJ | 7,799 | 154 | 1.2x |
| Yorketown, NJ | 7,261 | 142 | 1.1x |
