Williamstown, NJ Cost Of Living
Cost Of Living In Williamstown, NJ Summary
Cost of living in Williamstown 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 Williamstown 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 Williamstown is 103, with 100 being the average.
The cost of living index in Williamstown is 1.0x higher than the national average.
Williamstown ranks as the #24 cheapest in New Jersey out of 260.
Williamstown ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Williamstown is $367,879.
The median income in Williamstown is $87,021.
Table Of Contents
Williamstown's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Williamstown, NJ?
According to the most recent data on the cost of living, Williamstown has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to New Jersey, Williamstown has a cost of living index that's 0.8x lower than New Jersey's index of 122.
The standard of living in Williamstown ranks as #24 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Williamstown ranks as the #236 most expensive place in the Garden State.
For more reading on life in Williamstown, check out:
In New Jersey
In America
Williamstown Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Williamstown. Here is how it fairs on each of the criteria:
The Services index in Williamstown is 104.
The Groceries index in Williamstown is 100.
The Health index in Williamstown is 95.
The Housing index in Williamstown is 108.
The Transportation index in Williamstown is 108.
The Utilities index in Williamstown is 110.
| Living Expense | Williamstown | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 103 | 122 | 100 | |
| Services | 104 | 108 | 100 | |
| Groceries | 100 | 104 | 100 | |
| Health | 95 | 99 | 100 | |
| Housing | 108 | 159 | 100 | |
| Transportation | 108 | 101 | 100 | |
| Utilities | 110 | 107 | 100 | |
Williamstown, 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 Williamstown is $367,879.
The Median Rent in Williamstown is $1,262.
The Median Income in Williamstown is $87,021.
The Home Value To Income in Williamstown is 4.2x.
The Rent To Monthly Income in Williamstown is 0.17x.
| Statistic | Williamstown | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $367,879 | $564,432 | $303,400 |
| Median Rent | $1,262 | $1,653 | $1,348 |
| Median Income | $87,021 | $101,050 | $78,538 |
| Home Value To Income | 4.2x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Williamstown, NJ Costs By Category
Detailed Williamstown Services Costs Vs. New Jersey
| Item | Williamstown | 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 Williamstown Groceries Costs Vs. New Jersey
| Item | Williamstown | 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 Williamstown Health Costs Vs. New Jersey
| Item | Williamstown | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Williamstown Transportation Costs Vs. New Jersey
| Item | Williamstown | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Williamstown Utilities Costs Vs. New Jersey
| Item | Williamstown | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Williamstown SnackAbility
/10
Cost Of Living In Cities Around Williamstown
The cost of living varies in the cities and towns around Williamstown. Here's a quick look at the cost of living in the most populous nearby places:
Glassboro, NJ has a cost of living index of 111, 1.1x Williamstown.
Springdale, NJ has a cost of living index of 123, 1.2x Williamstown.
Cherry Hill Mall, NJ has a cost of living index of 114, 1.1x Williamstown.
| City | Population | Cost Of Living | Vs. Williamstown |
|---|---|---|---|
| Glassboro, NJ | 23,375 | 111 | 1.1x |
| Springdale, NJ | 15,672 | 123 | 1.2x |
| Cherry Hill Mall, NJ | 14,827 | 114 | 1.1x |
| Greentree, NJ | 11,024 | 130 | 1.3x |
| Pine Hill, NJ | 10,762 | 97 | 0.9x |
| Marlton, NJ | 10,473 | 112 | 1.1x |
| Ashland, NJ | 9,437 | 116 | 1.1x |
| Clayton, NJ | 8,867 | 107 | 1.0x |
| Pitman, NJ | 8,834 | 109 | 1.1x |
| Audubon, NJ | 8,699 | 109 | 1.1x |
