Pomona, NJ Cost Of Living
Cost Of Living In Pomona, NJ Summary
Cost of living in Pomona 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 Pomona 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 Pomona is 100, with 100 being the average.
The cost of living index in Pomona is 1.0x lower than the national average.
Pomona ranks as the #17 cheapest in New Jersey out of 260.
Pomona ranks as the #2,621 cheapest out of 6,489 in the US.
The median home value in Pomona is $322,740.
The median income in Pomona is $100,382.
Table Of Contents
Pomona's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Pomona, NJ?
According to the most recent data on the cost of living, Pomona has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to New Jersey, Pomona has a cost of living index that's 0.8x lower than New Jersey's index of 122.
The standard of living in Pomona ranks as #17 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Pomona ranks as the #243 most expensive place in the Garden State.
For more reading on life in Pomona, check out:
In New Jersey
In America
Pomona Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Pomona. Here is how it fairs on each of the criteria:
The Services index in Pomona is 104.
The Groceries index in Pomona is 100.
The Health index in Pomona is 94.
The Housing index in Pomona is 100.
The Transportation index in Pomona is 107.
The Utilities index in Pomona is 108.
| Living Expense | Pomona | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 100 | 122 | 100 | |
| Services | 104 | 108 | 100 | |
| Groceries | 100 | 104 | 100 | |
| Health | 94 | 99 | 100 | |
| Housing | 100 | 159 | 100 | |
| Transportation | 107 | 101 | 100 | |
| Utilities | 108 | 107 | 100 | |
Pomona, 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 Pomona is $322,740.
The Median Rent in Pomona is $897.
The Median Income in Pomona is $100,382.
The Home Value To Income in Pomona is 3.2x.
The Rent To Monthly Income in Pomona is 0.11x.
| Statistic | Pomona | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $322,740 | $564,432 | $303,400 |
| Median Rent | $897 | $1,653 | $1,348 |
| Median Income | $100,382 | $101,050 | $78,538 |
| Home Value To Income | 3.2x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.11x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Pomona, NJ Costs By Category
Detailed Pomona Services Costs Vs. New Jersey
| Item | Pomona | 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 Pomona Groceries Costs Vs. New Jersey
| Item | Pomona | 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 Pomona Health Costs Vs. New Jersey
| Item | Pomona | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Pomona Transportation Costs Vs. New Jersey
| Item | Pomona | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Pomona Utilities Costs Vs. New Jersey
| Item | Pomona | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Pomona SnackAbility
/10
Cost Of Living In Cities Around Pomona
The cost of living varies in the cities and towns around Pomona. Here's a quick look at the cost of living in the most populous nearby places:
Pleasantville, NJ has a cost of living index of 99, 1.0x Pomona.
Hammonton, NJ has a cost of living index of 110, 1.1x Pomona.
Smithville, NJ has a cost of living index of 106, 1.1x Pomona.
| City | Population | Cost Of Living | Vs. Pomona |
|---|---|---|---|
| Pleasantville, NJ | 20,604 | 99 | 1.0x |
| Hammonton, NJ | 14,746 | 110 | 1.1x |
| Smithville, NJ | 9,260 | 106 | 1.1x |
| Absecon, NJ | 9,099 | 110 | 1.1x |
| Northfield, NJ | 8,427 | 111 | 1.1x |
| Brigantine, NJ | 7,702 | 127 | 1.3x |
| Mystic Island, NJ | 7,616 | 110 | 1.1x |
| Linwood, NJ | 6,954 | 120 | 1.2x |
| Mays Landing, NJ | 6,178 | 105 | 1.1x |
