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 122, 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 #102 cheapest in New Jersey out of 251.
Union Beach ranks as the #4,905 cheapest out of 6,412 in the US.
The median home value in Union Beach is $310,200.
The median income in Union Beach is $114,028.
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 122, 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 1.1x higher than New Jersey's index of 111.
The standard of living in Union Beach ranks as #102 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Union Beach ranks as the #149 most expensive place in the Garden State.
For more reading on life in Union Beach, check out:
- Living In Union Beach
- Union Beach Crime Report
- Search Homes For Sale In Union Beach, NJ
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 112.
The Groceries index in Union Beach is 107.
The Health index in Union Beach is 98.
The Housing index in Union Beach is 149.
The Transportation index in Union Beach is 106.
The Utilities index in Union Beach is 101.
| Living Expense | Union Beach | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 122 | 111 | 100 | |
| Services | 112 | 104 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 98 | 95 | 100 | |
| Housing | 149 | 130 | 100 | |
| Transportation | 106 | 106 | 100 | |
| Utilities | 101 | 108 | 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 2017-2021. The key points are:
The Median Home Value in Union Beach is $310,200.
The Median Rent in Union Beach is -.
The Median Income in Union Beach is $114,028.
The Home Value To Income in Union Beach is 2.7x.
The Rent To Monthly Income in Union Beach is nanx.
| Statistic | Union Beach | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $310,200 | $355,700 | $244,900 |
| Median Rent | - | $1,436 | $1,163 |
| Median Income | $114,028 | $89,703 | $69,021 |
| Home Value To Income | 2.7x | 4.0x | 3.5x |
| Rent To Monthly Income | nanx | 0.19x | 0.2x |
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 | $1.0 | $1.06 |
| Movie | $12.49 | $10.68 |
| Bowling | $18.0 | $14.67 |
| Haircut | $20.93 | $18.62 |
| Beauty Salon | $36.53 | $39.05 |
Detailed Union Beach Groceries Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| Ground Beef | $4.09 | $4.22 |
| Fried Chicken | $1.79 | $1.39 |
| Milk | $2.44 | $2.05 |
| Potatoes | $3.25 | $3.29 |
| Pizza | $11.36 | $10.62 |
| Beer | $9.32 | $9.38 |
| Toothpaste | $2.22 | $2.34 |
Detailed Union Beach Health Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| Optometrist | $106.0 | $108.57 |
| Doctor | $91.0 | $116.17 |
| Dentist | $102.33 | $99.13 |
Detailed Union Beach Transportation Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| Gasoline | $2.37 | $2.22 |
| Tire Balancing | $54.12 | $50.07 |
Detailed Union Beach Utilities Costs Vs. New Jersey
| Item | Union Beach | New Jersey |
|---|---|---|
| All Electricity | $178.53 | $167.67 |
| Phone | $179.87 | $175.64 |
Union Beach SnackAbility
/10
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 170, 1.4x Union Beach.
Colonia, NJ has a cost of living index of 127, 1.0x Union Beach.
West Freehold, NJ has a cost of living index of 136, 1.1x Union Beach.
| City | Population | Cost Of Living | Vs. Union Beach |
|---|---|---|---|
| Westfield, NJ | 30,950 | 170 | 1.4x |
| Colonia, NJ | 18,776 | 127 | 1.0x |
| West Freehold, NJ | 14,565 | 136 | 1.1x |
| Middlesex, NJ | 14,513 | 123 | 1.0x |
| Keansburg, NJ | 9,781 | 107 | 0.9x |
| Matawan, NJ | 9,486 | 125 | 1.0x |
| Fanwood, NJ | 7,727 | 149 | 1.2x |
| Yorketown, NJ | 7,316 | 144 | 1.2x |
| Keyport, NJ | 7,204 | 116 | 1.0x |
| Strathmore, NJ | 7,119 | 129 | 1.1x |
