Yorketown, NJ Cost Of Living

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

Cost Of Living In Yorketown, NJ Summary

Cost of living in Yorketown 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 Yorketown 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 Yorketown is 144, with 100 being the average.

  • The cost of living index in Yorketown is 1.4x higher than the national average.

  • Yorketown ranks as the #187 cheapest in New Jersey out of 251.

  • Yorketown ranks as the #5,704 cheapest out of 6,412 in the US.

  • The median home value in Yorketown is $457,700.

  • The median income in Yorketown is $146,116.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
144
Yorketown's Overall Cost Of Living
1.4x
Higher Than The National Average

What is the cost of living in Yorketown, NJ?

According to the most recent data on the cost of living, Yorketown has an overall cost of living index of 144, which is 1.4x higher than the national index of 100.

Compared to New Jersey, Yorketown has a cost of living index that's 1.3x higher than New Jersey's index of 111.

The standard of living in Yorketown ranks as #187 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Yorketown ranks as the #64 most expensive place in the Garden State.

For more reading on life in Yorketown, check out:

187 out of 251
In New Jersey
5,704 out of 6,412
In America

Yorketown Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Yorketown. Here is how it fairs on each of the criteria:

  • The Services index in Yorketown is 115.

  • The Groceries index in Yorketown is 108.

  • The Health index in Yorketown is 102.

  • The Housing index in Yorketown is 224.

  • The Transportation index in Yorketown is 108.

  • The Utilities index in Yorketown is 103.

Living Expense Yorketown New Jersey National Average
Overall 144 111 100
Services 115 104 100
Groceries 108 104 100
Health 102 95 100
Housing 224 130 100
Transportation 108 106 100
Utilities 103 108 100
For more reading on cost of living around New Jersey, check out:
Yorketown Cost of Living Vs. NJ

Yorketown, 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 Yorketown is $457,700.

  • The Median Rent in Yorketown is $2,142.

  • The Median Income in Yorketown is $146,116.

  • The Home Value To Income in Yorketown is 3.1x.

  • The Rent To Monthly Income in Yorketown is 0.18x.

Statistic Yorketown New Jersey United States
Median Home Value $457,700 $355,700 $244,900
Median Rent $2,142 $1,436 $1,163
Median Income $146,116 $89,703 $69,021
Home Value To Income 3.1x 4.0x 3.5x
Rent To Monthly Income 0.18x 0.19x 0.2x
Search Homes For Sale In Yorketown, NJ
$457,700
Median Home Value
$2,142
Median Rent
$146,116
Median Income

Yorketown, NJ Costs By Category

Detailed Yorketown Services Costs Vs. New Jersey

Item Yorketown New Jersey
Shampoo $1.03 $1.06
Movie $12.59 $10.68
Bowling $17.73 $14.67
Haircut $20.73 $18.62
Beauty Salon $36.4 $39.05

Detailed Yorketown Groceries Costs Vs. New Jersey

Item Yorketown New Jersey
Ground Beef $3.87 $4.22
Fried Chicken $1.67 $1.39
Milk $2.41 $2.05
Potatoes $3.09 $3.29
Pizza $11.4 $10.62
Beer $9.19 $9.38
Toothpaste $2.16 $2.34

Detailed Yorketown Health Costs Vs. New Jersey

Item Yorketown New Jersey
Optometrist $101.33 $108.57
Doctor $94.5 $116.17
Dentist $113.15 $99.13

Detailed Yorketown Transportation Costs Vs. New Jersey

Item Yorketown New Jersey
Gasoline $2.26 $2.22
Tire Balancing $56.66 $50.07

Detailed Yorketown Utilities Costs Vs. New Jersey

Item Yorketown New Jersey
All Electricity $174.26 $167.67
Phone $179.87 $175.64

Yorketown SnackAbility

6
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8
Diversity
7
Safety
N/A
Amenities
8.5
Education
9
Commute
1

Cost Of Living In Cities Around Yorketown

The cost of living varies in the cities and towns around Yorketown. Here's a quick look at the cost of living in the most populous nearby places:

  • Old Bridge, NJ has a cost of living index of 125, 0.9x Yorketown.

  • Colonia, NJ has a cost of living index of 127, 0.9x Yorketown.

  • West Freehold, NJ has a cost of living index of 136, 0.9x Yorketown.

City Population Cost Of Living Vs. Yorketown
Old Bridge, NJ 28,252 125 0.9x
Colonia, NJ 18,776 127 0.9x
West Freehold, NJ 14,565 136 0.9x
Mercerville, NJ 14,234 116 0.8x
Freehold, NJ 12,485 119 0.8x
Robertsville, NJ 12,365 148 1.0x
Hamilton Square, NJ 12,244 130 0.9x
Kendall Park, NJ 10,560 131 0.9x
Twin Rivers, NJ 8,049 114 0.8x
Strathmore, NJ 7,119 129 0.9x

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