Asbury Park, NJ, shows a higher cost of living across various categories compared to the nationwide average, which is set at 100. Housing costs, for example, are 50% higher, while groceries are 10% more expensive. Utilities and healthcare also exceed the national average by 20% and 15%, respectively. Despite transportation being slightly above the average at 5%, miscellaneous expenses are 30% higher. This comparison highlights the importance of considering living costs when moving to Asbury Park.
Asbury Park, NJ, shows a cost of living that is notably higher than the nationwide average, which is set at 100. The housing index in Asbury Park stands at 150, indicating that housing costs are 50% higher than the national average. This increased housing expense can significantly impact the overall budget for those considering a move to the area.
Other expenses in Asbury Park also exceed the national average. For example, the grocery index is at 110, meaning groceries cost 10% more. Utilities, which include electricity, gas, water, and trash, are at 120, indicating a 20% increase. Transportation costs, while slightly above the average at 105, represent a 5% increase. Healthcare and miscellaneous expenses also show higher costs, with healthcare at 115 (a 15% increase) and miscellaneous at 130 (a 30% increase). These higher costs across various categories suggest that living in Asbury Park may require a higher income to maintain a similar standard of living as in other parts of the country.