Bay Head, NJ Cost of Living


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Bay Head cost of living score
111.9
More expensive
11.9% higher
than the US average
6.6% lower
than the New Jersey average
Bay Head, New Jersey gets a BestPlaces Cost of Living score of 111.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% higher than the U.S. average and 6.6% higher than the average for New Jersey.

Bay Head, NJ

Housing costs in Bay Head?
A typical home costs $1,794,200, which is 430.7% more expensive than the national average of $338,100 and 315.2% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Bay Head costs $1,690 per month, which is 18.2% more than the national average of $1,430 and close to the state average of $1,710.

Can I afford Bay Head?
To live comfortably in Bay Head, New Jersey, a minimum annual income of $343,800 for a family, and $54,000 for a single person is recommended.

What does A.I. say about Bay Head?
Bay Head, NJ is a desirable area to live in due to its close proximity to the beach and charming small-town atmosphere. Although it is an expensive place to live, the cost of living in Bay Head is worth it for many residents. The median home price in Bay Head is $1,095,000 which can be quite a hefty cost but offers beautiful waterfront properties with access to the town's amenities. Groceries and other essentials tend to be more expensive than average compared to other parts of New Jersey but also offer high quality products. Other costs such as transportation and utilities are also more expensive than average due to the coastal location of Bay Head. Overall, while living in Bay Head tends to be on the pricier side, many consider it a worthwhile investment due to its lush landscape and convenient location near the beach.
   Cost of living score
     CategoriesBay HeadNew JerseyUnited States
  111.9119.8100.0
  106.5105.8100
  97.796.9100.0
  589.7136.4100.0
  $1,794,200$432,100$338,100
  106.5%109.2%100.0%
  102.2127.7100.0
  101.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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