Ramtown, NJ Cost Of Living

Demographics | Cost Of Living
Updated: 2020-03-08
Ramtown's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Ramtown is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Ramtown, NJ?

According to the most recent data on the cost of living, Ramtown has an overall cost of living index of 131 which is 1.3x higher than the national index of 100.

Compared to only New Jersey, Ramtown has a cost of living index that's 1.1x higher than New Jersey's index of 123.

The standard of living in Ramtown ranks as #5304 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Ramtown ranks as the #1102 most expensive place in the Garden State.

For more reading on life in Ramtown, check out:

Ramtown Cost Of Living Vs. New Jersey

Living Expense Ramtown New Jersey National Average
Overall 131 123 100
Services 114 111 100
Groceries 107 110 100
Health 104 102 100
Housing 179 158 100
Transportation 107 110 100
Utilities 104 100 100
For more reading on cost of living around New Jersey, check out:
Ramtown Cost of Living Vs. NJ

Ramtown, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Ramtown New Jersey United States
Median Home Value $339,700 $327,900 $204,900
Median Rent - $1,295 $1,023
Median Income $122,386 $79,363 $60,293
Home Value To Income 2.8x 4.1x 3.4x
Rent To Monthly Income nanx 0.2x 0.2x

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Cost Of Living In Cities Around Ramtown

City Population Cost Of Living Vs. Ramtown
Lakewood, NJ 55,532 136 1.0x
Point Pleasant, NJ 18,523 132 1.0x
Tinton Falls, NJ 17,731 129 1.0x
West Freehold, NJ 13,759 135 1.0x
Freehold, NJ 11,855 121 0.9x
Pine Lake Park, NJ 8,811 117 0.9x
Yorketown, NJ 6,565 143 1.1x
Lincroft, NJ 6,348 138 1.1x
Fair Haven, NJ 5,943 189 1.4x
Little Silver, NJ 5,864 182 1.4x

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