Point Pleasant, NJ Cost Of Living
Cost Of Living In Point Pleasant, NJ Summary
Cost of living in Point Pleasant 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 Point Pleasant 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 Point Pleasant is 133, with 100 being the average.
The cost of living index in Point Pleasant is 1.3x higher than the national average.
Point Pleasant ranks as the #148 cheapest in New Jersey out of 260.
Point Pleasant ranks as the #5,125 cheapest out of 6,489 in the US.
The median home value in Point Pleasant is $716,294.
The median income in Point Pleasant is $108,713.
Table Of Contents
Point Pleasant's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Point Pleasant, NJ?
According to the most recent data on the cost of living, Point Pleasant has an overall cost of living index of 133, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Point Pleasant has a cost of living index that's 1.1x higher than New Jersey's index of 122.
The standard of living in Point Pleasant ranks as #148 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Point Pleasant ranks as the #112 most expensive place in the Garden State.
For more reading on life in Point Pleasant, check out:
In New Jersey
In America
Point Pleasant Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Point Pleasant. Here is how it fairs on each of the criteria:
The Services index in Point Pleasant is 112.
The Groceries index in Point Pleasant is 104.
The Health index in Point Pleasant is 103.
The Housing index in Point Pleasant is 200.
The Transportation index in Point Pleasant is 107.
The Utilities index in Point Pleasant is 108.
| Living Expense | Point Pleasant | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 133 | 122 | 100 | |
| Services | 112 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 103 | 99 | 100 | |
| Housing | 200 | 159 | 100 | |
| Transportation | 107 | 101 | 100 | |
| Utilities | 108 | 107 | 100 | |
Point Pleasant, 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 Point Pleasant is $716,294.
The Median Rent in Point Pleasant is $1,969.
The Median Income in Point Pleasant is $108,713.
The Home Value To Income in Point Pleasant is 6.6x.
The Rent To Monthly Income in Point Pleasant is 0.22x.
| Statistic | Point Pleasant | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $716,294 | $564,432 | $303,400 |
| Median Rent | $1,969 | $1,653 | $1,348 |
| Median Income | $108,713 | $101,050 | $78,538 |
| Home Value To Income | 6.6x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Point Pleasant, NJ Costs By Category
Detailed Point Pleasant Services Costs Vs. New Jersey
| Item | Point Pleasant | 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 |
Detailed Point Pleasant Groceries Costs Vs. New Jersey
| Item | Point Pleasant | 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 |
Detailed Point Pleasant Health Costs Vs. New Jersey
| Item | Point Pleasant | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Point Pleasant Transportation Costs Vs. New Jersey
| Item | Point Pleasant | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Point Pleasant Utilities Costs Vs. New Jersey
| Item | Point Pleasant | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Point Pleasant SnackAbility
/10
Cost Of Living In Cities Around Point Pleasant
The cost of living varies in the cities and towns around Point Pleasant. Here's a quick look at the cost of living in the most populous nearby places:
Lakewood, NJ has a cost of living index of 147, 1.1x Point Pleasant.
Tinton Falls, NJ has a cost of living index of 134, 1.0x Point Pleasant.
West Freehold, NJ has a cost of living index of 136, 1.0x Point Pleasant.
| City | Population | Cost Of Living | Vs. Point Pleasant |
|---|---|---|---|
| Lakewood, NJ | 69,884 | 147 | 1.1x |
| Tinton Falls, NJ | 19,252 | 134 | 1.0x |
| West Freehold, NJ | 14,233 | 136 | 1.0x |
| Freehold, NJ | 12,504 | 125 | 0.9x |
| Pine Lake Park, NJ | 9,251 | 122 | 0.9x |
| Lincroft, NJ | 6,901 | 146 | 1.1x |
| Ramtown, NJ | 6,410 | 134 | 1.0x |
| Fair Haven, NJ | 6,182 | 206 | 1.5x |
| Little Silver, NJ | 6,096 | 196 | 1.5x |
| Manasquan, NJ | 5,915 | 164 | 1.2x |
