Pitman, NJ Cost Of Living
Cost Of Living In Pitman, NJ Summary
Cost of living in Pitman 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 Pitman 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 Pitman is 109, with 100 being the average.
The cost of living index in Pitman is 1.1x higher than the national average.
Pitman ranks as the #41 cheapest in New Jersey out of 260.
Pitman ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Pitman is $353,192.
The median income in Pitman is $96,199.
Table Of Contents
Pitman's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Pitman, NJ?
According to the most recent data on the cost of living, Pitman has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to New Jersey, Pitman has a cost of living index that's 0.9x lower than New Jersey's index of 122.
The standard of living in Pitman ranks as #41 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Pitman ranks as the #219 most expensive place in the Garden State.
For more reading on life in Pitman, check out:
In New Jersey
In America
Pitman Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Pitman. Here is how it fairs on each of the criteria:
The Services index in Pitman is 103.
The Groceries index in Pitman is 104.
The Health index in Pitman is 95.
The Housing index in Pitman is 114.
The Transportation index in Pitman is 109.
The Utilities index in Pitman is 108.
| Living Expense | Pitman | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 109 | 122 | 100 | |
| Services | 103 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 95 | 99 | 100 | |
| Housing | 114 | 159 | 100 | |
| Transportation | 109 | 101 | 100 | |
| Utilities | 108 | 107 | 100 | |
Pitman, 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 Pitman is $353,192.
The Median Rent in Pitman is $1,474.
The Median Income in Pitman is $96,199.
The Home Value To Income in Pitman is 3.7x.
The Rent To Monthly Income in Pitman is 0.18x.
| Statistic | Pitman | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $353,192 | $564,432 | $303,400 |
| Median Rent | $1,474 | $1,653 | $1,348 |
| Median Income | $96,199 | $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
Pitman, NJ Costs By Category
Detailed Pitman Services Costs Vs. New Jersey
| Item | Pitman | 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 Pitman Groceries Costs Vs. New Jersey
| Item | Pitman | 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 Pitman Health Costs Vs. New Jersey
| Item | Pitman | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Pitman Transportation Costs Vs. New Jersey
| Item | Pitman | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Pitman Utilities Costs Vs. New Jersey
| Item | Pitman | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Pitman SnackAbility
/10
Cost Of Living In Cities Around Pitman
The cost of living varies in the cities and towns around Pitman. Here's a quick look at the cost of living in the most populous nearby places:
Glassboro, NJ has a cost of living index of 111, 1.0x Pitman.
Springdale, NJ has a cost of living index of 123, 1.1x Pitman.
Greentree, NJ has a cost of living index of 130, 1.2x Pitman.
| City | Population | Cost Of Living | Vs. Pitman |
|---|---|---|---|
| Glassboro, NJ | 23,375 | 111 | 1.0x |
| Springdale, NJ | 15,672 | 123 | 1.1x |
| Greentree, NJ | 11,024 | 130 | 1.2x |
| Marlton, NJ | 10,473 | 112 | 1.0x |
| Woodbury, NJ | 9,992 | 101 | 0.9x |
| Ashland, NJ | 9,437 | 116 | 1.1x |
| Clayton, NJ | 8,867 | 107 | 1.0x |
| Village Green-Green Ridge, PA | 8,725 | 114 | 1.0x |
| Folsom, PA | 8,298 | 110 | 1.0x |
| Haddon Heights, NJ | 7,488 | 114 | 1.0x |
