Woodbury, NJ Cost Of Living
Cost Of Living In Woodbury, NJ Summary
Cost of living in Woodbury 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 Woodbury 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 Woodbury is 101, with 100 being the average.
The cost of living index in Woodbury is 1.0x higher than the national average.
Woodbury ranks as the #20 cheapest in New Jersey out of 260.
Woodbury ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Woodbury is $332,669.
The median income in Woodbury is $74,769.
Table Of Contents
Woodbury's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Woodbury, NJ?
According to the most recent data on the cost of living, Woodbury has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to New Jersey, Woodbury has a cost of living index that's 0.8x lower than New Jersey's index of 122.
The standard of living in Woodbury ranks as #20 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Woodbury ranks as the #240 most expensive place in the Garden State.
For more reading on life in Woodbury, check out:
In New Jersey
In America
Woodbury Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Woodbury. Here is how it fairs on each of the criteria:
The Services index in Woodbury is 102.
The Groceries index in Woodbury is 102.
The Health index in Woodbury is 95.
The Housing index in Woodbury is 97.
The Transportation index in Woodbury is 108.
The Utilities index in Woodbury is 110.
| Living Expense | Woodbury | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 101 | 122 | 100 | |
| Services | 102 | 108 | 100 | |
| Groceries | 102 | 104 | 100 | |
| Health | 95 | 99 | 100 | |
| Housing | 97 | 159 | 100 | |
| Transportation | 108 | 101 | 100 | |
| Utilities | 110 | 107 | 100 | |
Woodbury, 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 Woodbury is $332,669.
The Median Rent in Woodbury is $957.
The Median Income in Woodbury is $74,769.
The Home Value To Income in Woodbury is 4.4x.
The Rent To Monthly Income in Woodbury is 0.15x.
| Statistic | Woodbury | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $332,669 | $564,432 | $303,400 |
| Median Rent | $957 | $1,653 | $1,348 |
| Median Income | $74,769 | $101,050 | $78,538 |
| Home Value To Income | 4.4x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Woodbury, NJ Costs By Category
Detailed Woodbury Services Costs Vs. New Jersey
| Item | Woodbury | 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 Woodbury Groceries Costs Vs. New Jersey
| Item | Woodbury | 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 Woodbury Health Costs Vs. New Jersey
| Item | Woodbury | New Jersey |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Woodbury Transportation Costs Vs. New Jersey
| Item | Woodbury | New Jersey |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Woodbury Utilities Costs Vs. New Jersey
| Item | Woodbury | New Jersey |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Woodbury SnackAbility
/10
Cost Of Living In Cities Around Woodbury
The cost of living varies in the cities and towns around Woodbury. Here's a quick look at the cost of living in the most populous nearby places:
Springdale, NJ has a cost of living index of 123, 1.2x Woodbury.
Ardmore, PA has a cost of living index of 124, 1.2x Woodbury.
Bellmawr, NJ has a cost of living index of 101, 1.0x Woodbury.
| City | Population | Cost Of Living | Vs. Woodbury |
|---|---|---|---|
| Springdale, NJ | 15,672 | 123 | 1.2x |
| Ardmore, PA | 14,165 | 124 | 1.2x |
| Bellmawr, NJ | 11,678 | 101 | 1.0x |
| Greentree, NJ | 11,024 | 130 | 1.3x |
| Marlton, NJ | 10,473 | 112 | 1.1x |
| Ashland, NJ | 9,437 | 116 | 1.1x |
| Runnemede, NJ | 8,310 | 103 | 1.0x |
| Glenside, PA | 7,941 | 118 | 1.2x |
| Ramblewood, NJ | 6,542 | 119 | 1.2x |
| Penn Wynne, PA | 6,220 | 131 | 1.3x |
