Pennsville, NJ Cost Of Living
Cost Of Living In Pennsville, NJ Summary
Cost of living in Pennsville 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 Pennsville 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 Pennsville is 103, with 100 being the average.
The cost of living index in Pennsville is 1.0x higher than the national average.
Pennsville ranks as the #19 cheapest in New Jersey out of 251.
Pennsville ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Pennsville is $151,500.
The median income in Pennsville is $70,955.
Table Of Contents
Pennsville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Pennsville, NJ?
According to the most recent data on the cost of living, Pennsville has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to New Jersey, Pennsville has a cost of living index that's 0.9x lower than New Jersey's index of 111.
The standard of living in Pennsville ranks as #19 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Pennsville ranks as the #232 most expensive place in the Garden State.
For more reading on life in Pennsville, check out:
- Living In Pennsville
- Pennsville Crime Report
- Search Homes For Sale In Pennsville, NJ
In New Jersey
In America
Pennsville Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Pennsville. Here is how it fairs on each of the criteria:
The Services index in Pennsville is 112.
The Groceries index in Pennsville is 124.
The Health index in Pennsville is 114.
The Housing index in Pennsville is 88.
The Transportation index in Pennsville is 113.
The Utilities index in Pennsville is 86.
| Living Expense | Pennsville | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 103 | 111 | 100 | |
| Services | 112 | 104 | 100 | |
| Groceries | 124 | 104 | 100 | |
| Health | 114 | 95 | 100 | |
| Housing | 88 | 130 | 100 | |
| Transportation | 113 | 106 | 100 | |
| Utilities | 86 | 108 | 100 | |
Pennsville, 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 2017-2021. The key points are:
The Median Home Value in Pennsville is $151,500.
The Median Rent in Pennsville is $1,076.
The Median Income in Pennsville is $70,955.
The Home Value To Income in Pennsville is 2.1x.
The Rent To Monthly Income in Pennsville is 0.18x.
| Statistic | Pennsville | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $151,500 | $355,700 | $244,900 |
| Median Rent | $1,076 | $1,436 | $1,163 |
| Median Income | $70,955 | $89,703 | $69,021 |
| Home Value To Income | 2.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Pennsville, NJ Costs By Category
Detailed Pennsville Services Costs Vs. New Jersey
| Item | Pennsville | New Jersey |
|---|---|---|
| Shampoo | $1.13 | $1.06 |
| Movie | $12.88 | $10.68 |
| Bowling | $16.5 | $14.67 |
| Haircut | $21.56 | $18.62 |
| Beauty Salon | $40.11 | $39.05 |
Detailed Pennsville Groceries Costs Vs. New Jersey
| Item | Pennsville | New Jersey |
|---|---|---|
| Ground Beef | $4.69 | $4.22 |
| Fried Chicken | $1.91 | $1.39 |
| Milk | $2.54 | $2.05 |
| Potatoes | $4.51 | $3.29 |
| Pizza | $9.74 | $10.62 |
| Beer | $8.74 | $9.38 |
| Toothpaste | $2.86 | $2.34 |
Detailed Pennsville Health Costs Vs. New Jersey
| Item | Pennsville | New Jersey |
|---|---|---|
| Optometrist | $102.08 | $108.57 |
| Doctor | $109.17 | $116.17 |
| Dentist | $133.33 | $99.13 |
Detailed Pennsville Transportation Costs Vs. New Jersey
| Item | Pennsville | New Jersey |
|---|---|---|
| Gasoline | $2.16 | $2.22 |
| Tire Balancing | $73.33 | $50.07 |
Detailed Pennsville Utilities Costs Vs. New Jersey
| Item | Pennsville | New Jersey |
|---|---|---|
| All Electricity | $129.7 | $167.67 |
| Phone | $176.59 | $175.64 |
Pennsville SnackAbility
/10
Cost Of Living In Cities Around Pennsville
The cost of living varies in the cities and towns around Pennsville. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, DE has a cost of living index of 103, 1.0x Pennsville.
Woodlyn, PA has a cost of living index of 106, 1.0x Pennsville.
Village Green-Green Ridge, PA has a cost of living index of 112, 1.1x Pennsville.
| City | Population | Cost Of Living | Vs. Pennsville |
|---|---|---|---|
| Wilmington, DE | 70,926 | 103 | 1.0x |
| Woodlyn, PA | 10,332 | 106 | 1.0x |
| Village Green-Green Ridge, PA | 8,592 | 112 | 1.1x |
| Folsom, PA | 8,430 | 111 | 1.1x |
| Brookhaven, PA | 8,243 | 112 | 1.1x |
| Wilmington Manor, DE | 8,212 | 106 | 1.0x |
| Carneys Point, NJ | 8,091 | 106 | 1.0x |
| Ridley Park, PA | 7,131 | 112 | 1.1x |
| Edgemoor, DE | 6,681 | 109 | 1.1x |
| Swarthmore, PA | 6,560 | 131 | 1.3x |
