Northfield, NJ Cost Of Living
Cost Of Living In Northfield, NJ Summary
Cost of living in Northfield 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 Northfield 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 Northfield is 111, with 100 being the average.
The cost of living index in Northfield is 1.1x higher than the national average.
Northfield ranks as the #49 cheapest in New Jersey out of 260.
Northfield ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Northfield is $387,521.
The median income in Northfield is $104,042.
Table Of Contents
Northfield's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Northfield, NJ?
According to the most recent data on the cost of living, Northfield has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Northfield has a cost of living index that's 0.9x lower than New Jersey's index of 122.
The standard of living in Northfield ranks as #49 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Northfield ranks as the #211 most expensive place in the Garden State.
For more reading on life in Northfield, check out:
In New Jersey
In America
Northfield Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Northfield. Here is how it fairs on each of the criteria:
The Services index in Northfield is 104.
The Groceries index in Northfield is 101.
The Health index in Northfield is 93.
The Housing index in Northfield is 124.
The Transportation index in Northfield is 106.
The Utilities index in Northfield is 110.
| Living Expense | Northfield | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 111 | 122 | 100 | |
| Services | 104 | 108 | 100 | |
| Groceries | 101 | 104 | 100 | |
| Health | 93 | 99 | 100 | |
| Housing | 124 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 110 | 107 | 100 | |
Northfield, 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 Northfield is $387,521.
The Median Rent in Northfield is $1,554.
The Median Income in Northfield is $104,042.
The Home Value To Income in Northfield is 3.7x.
The Rent To Monthly Income in Northfield is 0.18x.
| Statistic | Northfield | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $387,521 | $564,432 | $303,400 |
| Median Rent | $1,554 | $1,653 | $1,348 |
| Median Income | $104,042 | $101,050 | $78,538 |
| Home Value To Income | 3.7x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Northfield, NJ Costs By Category
Detailed Northfield Services Costs Vs. New Jersey
| Item | Northfield | New Jersey |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $13.75 | $12.13 |
| Bowling | $19.47 | $18 |
| Haircut | $23.54 | $24.26 |
| Beauty Salon | $66.27 | $45.56 |
Detailed Northfield Groceries Costs Vs. New Jersey
| Item | Northfield | New Jersey |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.73 | $12.09 |
| Beer | $11.99 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Northfield Health Costs Vs. New Jersey
| Item | Northfield | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Northfield Transportation Costs Vs. New Jersey
| Item | Northfield | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Northfield Utilities Costs Vs. New Jersey
| Item | Northfield | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Northfield SnackAbility
/10
Cost Of Living In Cities Around Northfield
The cost of living varies in the cities and towns around Northfield. Here's a quick look at the cost of living in the most populous nearby places:
Pleasantville, NJ has a cost of living index of 99, 0.9x Northfield.
Somers Point, NJ has a cost of living index of 105, 0.9x Northfield.
Absecon, NJ has a cost of living index of 110, 1.0x Northfield.
| City | Population | Cost Of Living | Vs. Northfield |
|---|---|---|---|
| Pleasantville, NJ | 20,604 | 99 | 0.9x |
| Somers Point, NJ | 10,461 | 105 | 0.9x |
| Absecon, NJ | 9,099 | 110 | 1.0x |
| Pomona, NJ | 8,141 | 100 | 0.9x |
| Brigantine, NJ | 7,702 | 127 | 1.1x |
| Mystic Island, NJ | 7,616 | 110 | 1.0x |
| Linwood, NJ | 6,954 | 120 | 1.1x |
