Cost of living in Paulsboro 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 Paulsboro 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 Paulsboro is 95, with 100 being the average.
The cost of living index in Paulsboro is 0.9x lower than the national average.
Paulsboro ranks as the #4 cheapest in New Jersey out of 260.
Paulsboro ranks as the #1,954 cheapest out of 6,489 in the US.
The median home value in Paulsboro is $235,326.
The median income in Paulsboro is $68,750.
According to the most recent data on the cost of living, Paulsboro has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to New Jersey, Paulsboro has a cost of living index that's 0.8x lower than New Jersey's index of 122.
The standard of living in Paulsboro ranks as #4 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Paulsboro ranks as the #256 most expensive place in the Garden State.
For more reading on life in Paulsboro, check out:
Six factors go into calculating the cost of living index in Paulsboro. Here is how it fairs on each of the criteria:
The Services index in Paulsboro is 102.
The Groceries index in Paulsboro is 100.
The Health index in Paulsboro is 95.
The Housing index in Paulsboro is 81.
The Transportation index in Paulsboro is 107.
The Utilities index in Paulsboro is 110.
| Living Expense | Paulsboro | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 95 | 122 | 100 | |
| Services | 102 | 108 | 100 | |
| Groceries | 100 | 102 | 100 | |
| Health | 95 | 97 | 100 | |
| Housing | 81 | 160 | 100 | |
| Transportation | 107 | 103 | 100 | |
| Utilities | 110 | 109 | 100 | |
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 Paulsboro is $235,326.
The Median Rent in Paulsboro is $970.
The Median Income in Paulsboro is $68,750.
The Home Value To Income in Paulsboro is 3.4x.
The Rent To Monthly Income in Paulsboro is 0.17x.
| Statistic | Paulsboro | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $235,326 | $564,432 | $303,400 |
| Median Rent | $970 | $1,653 | $1,348 |
| Median Income | $68,750 | $101,050 | $78,538 |
| Home Value To Income | 3.4x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
| Item | Paulsboro | New Jersey |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $13.75 | $12.13 |
| Bowling | $19.47 | $18.0 |
| Haircut | $23.54 | $24.26 |
| Beauty Salon | $66.27 | $45.56 |
| Item | Paulsboro | 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 |
| Item | Paulsboro | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
| Item | Paulsboro | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
| Item | Paulsboro | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
The cost of living varies in the cities and towns around Paulsboro. Here's a quick look at the cost of living in the most populous nearby places:
Springdale, NJ has a cost of living index of 123, 1.3x Paulsboro.
Ardmore, PA has a cost of living index of 124, 1.3x Paulsboro.
Greentree, NJ has a cost of living index of 130, 1.4x Paulsboro.
| City | Population | Cost Of Living | Vs. Paulsboro |
|---|---|---|---|
| Springdale, NJ | 15,672 | 123 | 1.3x |
| Ardmore, PA | 14,165 | 124 | 1.3x |
| Greentree, NJ | 11,024 | 130 | 1.4x |
| Marlton, NJ | 10,473 | 112 | 1.2x |
| Woodbury, NJ | 9,992 | 101 | 1.1x |
| Ashland, NJ | 9,437 | 116 | 1.2x |
| Glenside, PA | 7,941 | 118 | 1.2x |
| Glenolden, PA | 7,207 | 100 | 1.1x |
| Folcroft, PA | 6,748 | 97 | 1.0x |
| Ramblewood, NJ | 6,542 | 119 | 1.3x |