Cost of living in Perth Amboy 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 Perth Amboy 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 Perth Amboy is 119, with 100 being the average.
The cost of living index in Perth Amboy is 1.2x higher than the national average.
Perth Amboy ranks as the #81 cheapest in New Jersey out of 260.
Perth Amboy ranks as the #4,349 cheapest out of 6,489 in the US.
The median home value in Perth Amboy is $492,144.
The median income in Perth Amboy is $58,490.
According to the most recent data on the cost of living, Perth Amboy has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Perth Amboy has a cost of living index that's 1.0x lower than New Jersey's index of 122.
The standard of living in Perth Amboy ranks as #81 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Perth Amboy ranks as the #179 most expensive place in the Garden State.
For more reading on life in Perth Amboy, check out:
Six factors go into calculating the cost of living index in Perth Amboy. Here is how it fairs on each of the criteria:
The Services index in Perth Amboy is 113.
The Groceries index in Perth Amboy is 102.
The Health index in Perth Amboy is 104.
The Housing index in Perth Amboy is 148.
The Transportation index in Perth Amboy is 106.
The Utilities index in Perth Amboy is 107.
| Living Expense | Perth Amboy | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 119 | 122 | 100 | |
| Services | 113 | 108 | 100 | |
| Groceries | 102 | 104 | 100 | |
| Health | 104 | 99 | 100 | |
| Housing | 148 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 107 | 107 | 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 Perth Amboy is $492,144.
The Median Rent in Perth Amboy is $1,629.
The Median Income in Perth Amboy is $58,490.
The Home Value To Income in Perth Amboy is 8.4x.
The Rent To Monthly Income in Perth Amboy is 0.33x.
| Statistic | Perth Amboy | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $492,144 | $564,432 | $303,400 |
| Median Rent | $1,629 | $1,653 | $1,348 |
| Median Income | $58,490 | $101,050 | $78,538 |
| Home Value To Income | 8.4x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.33x | 0.2x | 0.21x |
| Item | Perth Amboy | 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 |
| Item | Perth Amboy | 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 |
| Item | Perth Amboy | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
| Item | Perth Amboy | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
| Item | Perth Amboy | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
The cost of living varies in the cities and towns around Perth Amboy. Here's a quick look at the cost of living in the most populous nearby places:
Sayreville, NJ has a cost of living index of 125, 1.1x Perth Amboy.
Westfield, NJ has a cost of living index of 178, 1.5x Perth Amboy.
Carteret, NJ has a cost of living index of 123, 1.0x Perth Amboy.
| City | Population | Cost Of Living | Vs. Perth Amboy |
|---|---|---|---|
| Sayreville, NJ | 45,237 | 125 | 1.1x |
| Westfield, NJ | 30,760 | 178 | 1.5x |
| Carteret, NJ | 25,187 | 123 | 1.0x |
| Woodbridge, NJ | 20,086 | 127 | 1.1x |
| Iselin, NJ | 19,151 | 131 | 1.1x |
| Colonia, NJ | 18,294 | 131 | 1.1x |
| Avenel, NJ | 17,143 | 122 | 1.0x |
| Metuchen, NJ | 14,982 | 144 | 1.2x |
| Middlesex, NJ | 14,518 | 126 | 1.1x |
| New Providence, NJ | 13,577 | 160 | 1.3x |