Tinton Falls, NJ Cost Of Living
Cost Of Living In Tinton Falls, NJ Summary
Cost of living in Tinton Falls 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 Tinton Falls 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 Tinton Falls is 134, with 100 being the average.
The cost of living index in Tinton Falls is 1.3x higher than the national average.
Tinton Falls ranks as the #152 cheapest in New Jersey out of 260.
Tinton Falls ranks as the #5,171 cheapest out of 6,489 in the US.
The median home value in Tinton Falls is $609,862.
The median income in Tinton Falls is $113,844.
Table Of Contents
Tinton Falls's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Tinton Falls, NJ?
According to the most recent data on the cost of living, Tinton Falls has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Tinton Falls has a cost of living index that's 1.1x higher than New Jersey's index of 122.
The standard of living in Tinton Falls ranks as #152 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Tinton Falls ranks as the #108 most expensive place in the Garden State.
For more reading on life in Tinton Falls, check out:
In New Jersey
In America
Tinton Falls Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Tinton Falls. Here is how it fairs on each of the criteria:
The Services index in Tinton Falls is 112.
The Groceries index in Tinton Falls is 103.
The Health index in Tinton Falls is 103.
The Housing index in Tinton Falls is 195.
The Transportation index in Tinton Falls is 103.
The Utilities index in Tinton Falls is 109.
| Living Expense | Tinton Falls | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 134 | 122 | 100 | |
| Services | 112 | 108 | 100 | |
| Groceries | 103 | 104 | 100 | |
| Health | 103 | 99 | 100 | |
| Housing | 195 | 159 | 100 | |
| Transportation | 103 | 101 | 100 | |
| Utilities | 109 | 107 | 100 | |
Tinton Falls, 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 Tinton Falls is $609,862.
The Median Rent in Tinton Falls is $2,103.
The Median Income in Tinton Falls is $113,844.
The Home Value To Income in Tinton Falls is 5.4x.
The Rent To Monthly Income in Tinton Falls is 0.22x.
| Statistic | Tinton Falls | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $609,862 | $564,432 | $303,400 |
| Median Rent | $2,103 | $1,653 | $1,348 |
| Median Income | $113,844 | $101,050 | $78,538 |
| Home Value To Income | 5.4x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Tinton Falls, NJ Costs By Category
Detailed Tinton Falls Services Costs Vs. New Jersey
| Item | Tinton Falls | New Jersey |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.53 | $12.13 |
| Bowling | $20.98 | $18 |
| Haircut | $30.25 | $24.26 |
| Beauty Salon | $53.0 | $45.56 |
Detailed Tinton Falls Groceries Costs Vs. New Jersey
| Item | Tinton Falls | New Jersey |
|---|---|---|
| Ground Beef | $6.13 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.7 | $4.67 |
| Potatoes | $5.32 | $4.93 |
| Pizza | $12.59 | $12.09 |
| Beer | $11.12 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Tinton Falls Health Costs Vs. New Jersey
| Item | Tinton Falls | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Tinton Falls Transportation Costs Vs. New Jersey
| Item | Tinton Falls | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Tinton Falls Utilities Costs Vs. New Jersey
| Item | Tinton Falls | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Tinton Falls SnackAbility
/10
Cost Of Living In Cities Around Tinton Falls
The cost of living varies in the cities and towns around Tinton Falls. Here's a quick look at the cost of living in the most populous nearby places:
Lakewood, NJ has a cost of living index of 147, 1.1x Tinton Falls.
Old Bridge, NJ has a cost of living index of 128, 1.0x Tinton Falls.
West Freehold, NJ has a cost of living index of 136, 1.0x Tinton Falls.
| City | Population | Cost Of Living | Vs. Tinton Falls |
|---|---|---|---|
| Lakewood, NJ | 69,884 | 147 | 1.1x |
| Old Bridge, NJ | 28,015 | 128 | 1.0x |
| West Freehold, NJ | 14,233 | 136 | 1.0x |
| Freehold, NJ | 12,504 | 125 | 0.9x |
| West Long Branch, NJ | 8,576 | 151 | 1.1x |
| Yorketown, NJ | 7,265 | 140 | 1.0x |
| Lincroft, NJ | 6,901 | 146 | 1.1x |
| Strathmore, NJ | 6,593 | 136 | 1.0x |
| Ramtown, NJ | 6,410 | 134 | 1.0x |
| Oceanport, NJ | 6,130 | 170 | 1.3x |
