Rumson, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
226
Rumson's Overall Cost Of Living
2.3x
Higher Than The National Average
249 out of 251
In New Jersey
6,362 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Rumson is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Rumson, NJ?

According to the most recent data on the cost of living, Rumson has an overall cost of living index of 226 which is 2.3x higher than the national index of 100.

Compared to only New Jersey, Rumson has a cost of living index that's 1.9x higher than New Jersey's index of 121.

The standard of living in Rumson ranks as #6,368 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Rumson ranks as the #51 most expensive place in the Garden State.

For more reading on life in Rumson, check out:

Rumson Cost Of Living Vs. New Jersey

Living Expense Rumson New Jersey National Average
Overall 226 121 100
Services 135 107 100
Groceries 149 107 100
Health 111 100 100
Housing 445 160 100
Transportation 133 106 100
Utilities 100 98 100
For more reading on cost of living around New Jersey, check out:
Rumson Cost of Living Vs. NJ

Rumson, 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.

$1,200,600
Median Home Value
$2,236
Median Rent
$222,237
Median Income
Statistic Rumson New Jersey United States
Median Home Value $1,200,600 $343,500 $229,800
Median Rent $2,236 $1,368 $1,096
Median Income $222,237 $85,245 $64,994
Home Value To Income 5.4x 4.0x 3.5x
Rent To Monthly Income 0.12x 0.19x 0.2x

Detailed Rumson Services Costs Vs. New Jersey

Item Rumson New Jersey
Shampoo $1.67 $1.06
Movie $16.31 $10.68
Bowling $20.49 $14.67

Detailed Rumson Groceries Costs Vs. New Jersey

Item Rumson New Jersey
Ground Beef $6.4 $4.22
Fried Chicken $2.65 $1.39
Milk $3.11 $2.05

Detailed Rumson Health Costs Vs. New Jersey

Item Rumson New Jersey
Haircut $23.25 $18.62
Beauty Salon $60.79 $39.05
Toothpaste $4.42 $2.34

Detailed Rumson Transportation Costs Vs. New Jersey

Item Rumson New Jersey
Potatoes $4.16 $3.29
Pizza $12.33 $10.62
Beer $12.01 $9.38
Optometrist $108.08 $108.57
Doctor $106.72 $116.17
Dentist $124.43 $99.13

Detailed Rumson Utilities Costs Vs. New Jersey

Item Rumson New Jersey
Gasoline $2.62 $2.22
Tire Balancing $80.22 $50.07
All Electricity $157.7 $167.67
Phone $189.52 $175.64

Rumson SnackAbility

10
/10
Overall SnackAbility
Jobs
8.5/10
Housing
10
Affordability
8
Diversity
5
Safety
9
Amenities
8
Education
10
Commute
1

Cost Of Living In Cities Around Rumson

City Population Cost Of Living Vs. Rumson
Old Bridge, NJ 27,836 125 0.6x
Tinton Falls, NJ 17,584 126 0.6x
West Freehold, NJ 14,118 136 0.6x
Red Bank, NJ 12,039 145 0.6x
Freehold, NJ 11,755 119 0.5x
Strathmore, NJ 7,514 129 0.6x
Yorketown, NJ 6,739 144 0.6x
Lincroft, NJ 6,501 139 0.6x
Ramtown, NJ 6,354 128 0.6x
Fair Haven, NJ 5,833 189 0.8x

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