Ramblewood, NJ Cost Of Living
Cost Of Living In Ramblewood, NJ Summary
Cost of living in Ramblewood 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 Ramblewood 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 Ramblewood is 119, with 100 being the average.
The cost of living index in Ramblewood is 1.2x higher than the national average.
Ramblewood ranks as the #81 cheapest in New Jersey out of 260.
Ramblewood ranks as the #4,349 cheapest out of 6,489 in the US.
The median home value in Ramblewood is $497,508.
The median income in Ramblewood is $110,130.
Table Of Contents
Ramblewood's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ramblewood, NJ?
According to the most recent data on the cost of living, Ramblewood has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Ramblewood has a cost of living index that's 1.0x lower than New Jersey's index of 122.
The standard of living in Ramblewood ranks as #81 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Ramblewood ranks as the #179 most expensive place in the Garden State.
For more reading on life in Ramblewood, check out:
In New Jersey
In America
Ramblewood Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Ramblewood. Here is how it fairs on each of the criteria:
The Services index in Ramblewood is 105.
The Groceries index in Ramblewood is 103.
The Health index in Ramblewood is 92.
The Housing index in Ramblewood is 163.
The Transportation index in Ramblewood is 106.
The Utilities index in Ramblewood is 111.
| Living Expense | Ramblewood | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 119 | 122 | 100 | |
| Services | 105 | 108 | 100 | |
| Groceries | 103 | 104 | 100 | |
| Health | 92 | 99 | 100 | |
| Housing | 163 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 111 | 107 | 100 | |
Ramblewood, 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 Ramblewood is $497,508.
The Median Rent in Ramblewood is $1,963.
The Median Income in Ramblewood is $110,130.
The Home Value To Income in Ramblewood is 4.5x.
The Rent To Monthly Income in Ramblewood is 0.21x.
| Statistic | Ramblewood | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $497,508 | $564,432 | $303,400 |
| Median Rent | $1,963 | $1,653 | $1,348 |
| Median Income | $110,130 | $101,050 | $78,538 |
| Home Value To Income | 4.5x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Ramblewood, NJ Costs By Category
Detailed Ramblewood Services Costs Vs. New Jersey
| Item | Ramblewood | 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 Ramblewood Groceries Costs Vs. New Jersey
| Item | Ramblewood | 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 Ramblewood Health Costs Vs. New Jersey
| Item | Ramblewood | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Ramblewood Transportation Costs Vs. New Jersey
| Item | Ramblewood | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Ramblewood Utilities Costs Vs. New Jersey
| Item | Ramblewood | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Ramblewood SnackAbility
/10
Cost Of Living In Cities Around Ramblewood
The cost of living varies in the cities and towns around Ramblewood. Here's a quick look at the cost of living in the most populous nearby places:
Springdale, NJ has a cost of living index of 123, 1.0x Ramblewood.
Cherry Hill Mall, NJ has a cost of living index of 114, 1.0x Ramblewood.
Moorestown-Lenola, NJ has a cost of living index of 132, 1.1x Ramblewood.
| City | Population | Cost Of Living | Vs. Ramblewood |
|---|---|---|---|
| Springdale, NJ | 15,672 | 123 | 1.0x |
| Cherry Hill Mall, NJ | 14,827 | 114 | 1.0x |
| Moorestown-Lenola, NJ | 14,523 | 132 | 1.1x |
| Ardmore, PA | 14,165 | 124 | 1.0x |
| Greentree, NJ | 11,024 | 130 | 1.1x |
| Marlton, NJ | 10,473 | 112 | 0.9x |
| Ashland, NJ | 9,437 | 116 | 1.0x |
| Hatboro, PA | 8,219 | 115 | 1.0x |
| Fort Dix, NJ | 8,034 | 140 | 1.2x |
| Glenside, PA | 7,941 | 118 | 1.0x |
