Runnemede, NJ Cost Of Living
Cost Of Living In Runnemede, NJ Summary
Cost of living in Runnemede 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 Runnemede 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 Runnemede is 103, with 100 being the average.
The cost of living index in Runnemede is 1.0x higher than the national average.
Runnemede ranks as the #24 cheapest in New Jersey out of 260.
Runnemede ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Runnemede is $324,168.
The median income in Runnemede is $100,366.
Table Of Contents
Runnemede's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Runnemede, NJ?
According to the most recent data on the cost of living, Runnemede has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to New Jersey, Runnemede has a cost of living index that's 0.8x lower than New Jersey's index of 122.
The standard of living in Runnemede ranks as #24 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Runnemede ranks as the #236 most expensive place in the Garden State.
For more reading on life in Runnemede, check out:
In New Jersey
In America
Runnemede Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Runnemede. Here is how it fairs on each of the criteria:
The Services index in Runnemede is 102.
The Groceries index in Runnemede is 104.
The Health index in Runnemede is 93.
The Housing index in Runnemede is 92.
The Transportation index in Runnemede is 106.
The Utilities index in Runnemede is 112.
| Living Expense | Runnemede | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 103 | 122 | 100 | |
| Services | 102 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 93 | 99 | 100 | |
| Housing | 92 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 112 | 107 | 100 | |
Runnemede, 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 Runnemede is $324,168.
The Median Rent in Runnemede is $1,383.
The Median Income in Runnemede is $100,366.
The Home Value To Income in Runnemede is 3.2x.
The Rent To Monthly Income in Runnemede is 0.17x.
| Statistic | Runnemede | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $324,168 | $564,432 | $303,400 |
| Median Rent | $1,383 | $1,653 | $1,348 |
| Median Income | $100,366 | $101,050 | $78,538 |
| Home Value To Income | 3.2x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Runnemede, NJ Costs By Category
Detailed Runnemede Services Costs Vs. New Jersey
| Item | Runnemede | 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 Runnemede Groceries Costs Vs. New Jersey
| Item | Runnemede | 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 Runnemede Health Costs Vs. New Jersey
| Item | Runnemede | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Runnemede Transportation Costs Vs. New Jersey
| Item | Runnemede | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Runnemede Utilities Costs Vs. New Jersey
| Item | Runnemede | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Runnemede SnackAbility
/10
Cost Of Living In Cities Around Runnemede
The cost of living varies in the cities and towns around Runnemede. 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, 1.2x Runnemede.
Ardmore, PA has a cost of living index of 124, 1.2x Runnemede.
Bellmawr, NJ has a cost of living index of 101, 1.0x Runnemede.
| City | Population | Cost Of Living | Vs. Runnemede |
|---|---|---|---|
| Springdale, NJ | 15,672 | 123 | 1.2x |
| Ardmore, PA | 14,165 | 124 | 1.2x |
| Bellmawr, NJ | 11,678 | 101 | 1.0x |
| Greentree, NJ | 11,024 | 130 | 1.3x |
| Marlton, NJ | 10,473 | 112 | 1.1x |
| Ashland, NJ | 9,437 | 116 | 1.1x |
| Audubon, NJ | 8,699 | 109 | 1.1x |
| Glenside, PA | 7,941 | 118 | 1.1x |
| Haddon Heights, NJ | 7,488 | 114 | 1.1x |
| Barrington, NJ | 7,047 | 106 | 1.0x |
