Union Beach, NJ Cost Of Living
Cost Of Living In Union Beach, NJ Summary
Cost of living in Union Beach 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 Union Beach 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 Union Beach is 121, with 100 being the average.
The cost of living index in Union Beach is 1.2x higher than the national average.
Union Beach ranks as the #93 cheapest in New Jersey out of 260.
Union Beach ranks as the #4,476 cheapest out of 6,489 in the US.
The median home value in Union Beach is $511,581.
The median income in Union Beach is $128,400.
Table Of Contents
Union Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Union Beach, NJ?
According to the most recent data on the cost of living, Union Beach has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Union Beach has a cost of living index that's 1.0x lower than New Jersey's index of 122.
The standard of living in Union Beach ranks as #93 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Union Beach ranks as the #167 most expensive place in the Garden State.
For more reading on life in Union Beach, check out:
In New Jersey
In America
Union Beach Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Union Beach. Here is how it fairs on each of the criteria:
The Services index in Union Beach is 107.
The Groceries index in Union Beach is 101.
The Health index in Union Beach is 95.
The Housing index in Union Beach is 157.
The Transportation index in Union Beach is 109.
The Utilities index in Union Beach is 113.
| Living Expense | Union Beach | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 121 | 122 | 100 | |
| Services | 107 | 108 | 100 | |
| Groceries | 101 | 104 | 100 | |
| Health | 95 | 99 | 100 | |
| Housing | 157 | 159 | 100 | |
| Transportation | 109 | 101 | 100 | |
| Utilities | 113 | 107 | 100 | |
Union Beach, 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 Union Beach is $511,581.
The Median Rent in Union Beach is $1,957.
The Median Income in Union Beach is $128,400.
The Home Value To Income in Union Beach is 4.0x.
The Rent To Monthly Income in Union Beach is 0.18x.
| Statistic | Union Beach | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $511,581 | $564,432 | $303,400 |
| Median Rent | $1,957 | $1,653 | $1,348 |
| Median Income | $128,400 | $101,050 | $78,538 |
| Home Value To Income | 4.0x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Union Beach, NJ Costs By Category
Detailed Union Beach Services Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $15.78 | $12.13 |
| Bowling | $21.0 | $18 |
| Haircut | $25.62 | $24.26 |
| Beauty Salon | $41.67 | $45.56 |
Detailed Union Beach Groceries Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| Ground Beef | $5.65 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.33 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Union Beach Health Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
Detailed Union Beach Transportation Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
Detailed Union Beach Utilities Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| All Electricity | $236.04 | $193.99 |
| Phone | $186.61 | $192.25 |
Union Beach SnackAbility
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Cost Of Living In Cities Around Union Beach
The cost of living varies in the cities and towns around Union Beach. Here's a quick look at the cost of living in the most populous nearby places:
Westfield, NJ has a cost of living index of 178, 1.5x Union Beach.
Colonia, NJ has a cost of living index of 131, 1.1x Union Beach.
Middlesex, NJ has a cost of living index of 126, 1.0x Union Beach.
| City | Population | Cost Of Living | Vs. Union Beach |
|---|---|---|---|
| Westfield, NJ | 30,760 | 178 | 1.5x |
| Colonia, NJ | 18,294 | 131 | 1.1x |
| Middlesex, NJ | 14,518 | 126 | 1.0x |
| West Freehold, NJ | 14,233 | 136 | 1.1x |
| Keansburg, NJ | 9,729 | 108 | 0.9x |
| Matawan, NJ | 9,636 | 129 | 1.1x |
| Fanwood, NJ | 7,714 | 150 | 1.2x |
| Yorketown, NJ | 7,265 | 140 | 1.2x |
| Keyport, NJ | 7,159 | 119 | 1.0x |
| Mountainside, NJ | 6,967 | 173 | 1.4x |
