Williamstown, NJ Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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 102, with 100 being the average.

  • The cost of living index in Williamstown is 1.0x higher than the national average.

  • Williamstown ranks as the #15 cheapest in New Jersey out of 251.

  • Williamstown ranks as the #3,380 cheapest out of 6,412 in the US.

  • The median home value in Williamstown is $204,300.

  • The median income in Williamstown is $85,302.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
102
Williamstown's Overall Cost Of Living
1.0x
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 102, which is 1.0x higher than the national index of 100.

Compared to New Jersey, Williamstown has a cost of living index that's 0.9x lower than New Jersey's index of 111.

The standard of living in Williamstown ranks as #15 most affordable out of the 251 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:

15 out of 251
In New Jersey
3,380 out of 6,412
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 96.

  • The Groceries index in Williamstown is 103.

  • The Health index in Williamstown is 94.

  • The Housing index in Williamstown is 106.

  • The Transportation index in Williamstown is 106.

  • The Utilities index in Williamstown is 95.

Living Expense Williamstown New Jersey National Average
Overall 102 111 100
Services 96 104 100
Groceries 103 104 100
Health 94 95 100
Housing 106 130 100
Transportation 106 106 100
Utilities 95 108 100
For more reading on cost of living around New Jersey, check out:
Williamstown Cost of Living Vs. NJ

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 2017-2021. The key points are:

  • The Median Home Value in Williamstown is $204,300.

  • The Median Rent in Williamstown is $1,073.

  • The Median Income in Williamstown is $85,302.

  • The Home Value To Income in Williamstown is 2.4x.

  • The Rent To Monthly Income in Williamstown is 0.15x.

Statistic Williamstown New Jersey United States
Median Home Value $204,300 $355,700 $244,900
Median Rent $1,073 $1,436 $1,163
Median Income $85,302 $89,703 $69,021
Home Value To Income 2.4x 4.0x 3.5x
Rent To Monthly Income 0.15x 0.19x 0.2x
Search Homes For Sale In Williamstown, NJ
$204,300
Median Home Value
$1,073
Median Rent
$85,302
Median Income

Williamstown, NJ Costs By Category

Detailed Williamstown Services Costs Vs. New Jersey

Item Williamstown New Jersey
Shampoo $1.03 $1.06
Movie $10.99 $10.68
Bowling $13.51 $14.67
Haircut $18.79 $18.62
Beauty Salon $36.26 $39.05

Detailed Williamstown Groceries Costs Vs. New Jersey

Item Williamstown New Jersey
Ground Beef $4.23 $4.22
Fried Chicken $1.43 $1.39
Milk $2.48 $2.05
Potatoes $2.69 $3.29
Pizza $10.99 $10.62
Beer $9.0 $9.38
Toothpaste $1.92 $2.34

Detailed Williamstown Health Costs Vs. New Jersey

Item Williamstown New Jersey
Optometrist $113.84 $108.57
Doctor $81.68 $116.17
Dentist $101.93 $99.13

Detailed Williamstown Transportation Costs Vs. New Jersey

Item Williamstown New Jersey
Gasoline $2.25 $2.22
Tire Balancing $58.27 $50.07

Detailed Williamstown Utilities Costs Vs. New Jersey

Item Williamstown New Jersey
All Electricity $155.11 $167.67
Phone $180.04 $175.64

Williamstown SnackAbility

6
/10
Overall SnackAbility
Jobs
9/10
Housing
8
Affordability
8.5
Diversity
8
Safety
N/A
Amenities
8.5
Education
8
Commute
3

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 99, 1.0x Williamstown.

  • Springdale, NJ has a cost of living index of 135, 1.3x Williamstown.

  • Cherry Hill Mall, NJ has a cost of living index of 118, 1.2x Williamstown.

City Population Cost Of Living Vs. Williamstown
Glassboro, NJ 20,284 99 1.0x
Springdale, NJ 15,393 135 1.3x
Cherry Hill Mall, NJ 13,826 118 1.2x
Pine Hill, NJ 10,637 103 1.0x
Greentree, NJ 10,517 126 1.2x
Marlton, NJ 10,491 116 1.1x
Ashland, NJ 9,248 117 1.1x
Clayton, NJ 8,818 102 1.0x
Pitman, NJ 8,812 109 1.1x
Audubon, NJ 8,693 110 1.1x

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