Pitman, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 #40 cheapest in New Jersey out of 251.

  • Pitman ranks as the #4,038 cheapest out of 6,412 in the US.

  • The median home value in Pitman is $195,100.

  • The median income in Pitman is $84,303.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
109
Pitman's Overall Cost Of Living
1.1x
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 1.0x lower than New Jersey's index of 111.

The standard of living in Pitman ranks as #40 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Pitman ranks as the #211 most expensive place in the Garden State.

For more reading on life in Pitman, check out:

40 out of 251
In New Jersey
4,038 out of 6,412
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 107.

  • The Groceries index in Pitman is 122.

  • The Health index in Pitman is 99.

  • The Housing index in Pitman is 105.

  • The Transportation index in Pitman is 115.

  • The Utilities index in Pitman is 111.

Living Expense Pitman New Jersey National Average
Overall 109 111 100
Services 107 104 100
Groceries 122 104 100
Health 99 95 100
Housing 105 130 100
Transportation 115 106 100
Utilities 111 108 100
For more reading on cost of living around New Jersey, check out:
Pitman Cost of Living Vs. NJ

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 2017-2021. The key points are:

  • The Median Home Value in Pitman is $195,100.

  • The Median Rent in Pitman is $1,298.

  • The Median Income in Pitman is $84,303.

  • The Home Value To Income in Pitman is 2.3x.

  • The Rent To Monthly Income in Pitman is 0.18x.

Statistic Pitman New Jersey United States
Median Home Value $195,100 $355,700 $244,900
Median Rent $1,298 $1,436 $1,163
Median Income $84,303 $89,703 $69,021
Home Value To Income 2.3x 4.0x 3.5x
Rent To Monthly Income 0.18x 0.19x 0.2x
Search Homes For Sale In Pitman, NJ
$195,100
Median Home Value
$1,298
Median Rent
$84,303
Median Income

Pitman, NJ Costs By Category

Detailed Pitman Services Costs Vs. New Jersey

Item Pitman New Jersey
Shampoo $1.02 $1.06
Movie $12.0 $10.68
Bowling $18.8 $14.67
Haircut $19.66 $18.62
Beauty Salon $60.55 $39.05

Detailed Pitman Groceries Costs Vs. New Jersey

Item Pitman New Jersey
Ground Beef $4.57 $4.22
Fried Chicken $1.6 $1.39
Milk $2.18 $2.05
Potatoes $3.66 $3.29
Pizza $10.67 $10.62
Beer $8.81 $9.38
Toothpaste $2.34 $2.34

Detailed Pitman Health Costs Vs. New Jersey

Item Pitman New Jersey
Optometrist $108.61 $108.57
Doctor $133.89 $116.17
Dentist $96.86 $99.13

Detailed Pitman Transportation Costs Vs. New Jersey

Item Pitman New Jersey
Gasoline $2.42 $2.22
Tire Balancing $60.97 $50.07

Detailed Pitman Utilities Costs Vs. New Jersey

Item Pitman New Jersey
All Electricity $193.98 $167.67
Phone $192.07 $175.64

Pitman SnackAbility

8.5
/10
Overall SnackAbility
Jobs
7/10
Housing
8.5
Affordability
8
Diversity
6
Safety
8.5
Amenities
9
Education
8.5
Commute
5

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 99, 0.9x Pitman.

  • Springdale, NJ has a cost of living index of 135, 1.2x Pitman.

  • Greentree, NJ has a cost of living index of 126, 1.2x Pitman.

City Population Cost Of Living Vs. Pitman
Glassboro, NJ 20,284 99 0.9x
Springdale, NJ 15,393 135 1.2x
Greentree, NJ 10,517 126 1.2x
Marlton, NJ 10,491 116 1.1x
Woodbury, NJ 10,067 105 1.0x
Ashland, NJ 9,248 117 1.1x
Clayton, NJ 8,818 102 0.9x
Village Green-Green Ridge, PA 8,592 112 1.0x
Folsom, PA 8,430 111 1.0x
Haddon Heights, NJ 7,453 119 1.1x

Articles About New Jersey

Enjoy The Snack?