Diamond Beach, NJ Cost of Living


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Diamond Beach cost of living score
122.7
More expensive
22.7% higher
than the US average
2.4% higher
than the New Jersey average
Diamond Beach, New Jersey gets a BestPlaces Cost of Living score of 122.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.7% higher than the U.S. average and 2.4% lower than the average for New Jersey.

Diamond Beach, NJ

Housing costs in Diamond Beach?
A typical home costs $513,500, which is 51.9% more expensive than the national average of $338,100 and 18.8% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Diamond Beach costs $1,350 per month, which is 5.6% cheaper than the national average of $1,430 and 26.7% cheaper than the state average of $1,710.

Can I afford Diamond Beach?
To live comfortably in Diamond Beach, New Jersey, a minimum annual income of $98,280 for a family, and $41,200 for a single person is recommended.

What does A.I. say about Diamond Beach?
The cost of living in Diamond Beach, NJ is relatively high when compared to the rest of the United States. Due to its location on the Jersey Shore and its proximity to Atlantic City, many of the goods and services available in town are expensive. However, property values remain low and there are a number of affordable housing options. The high cost of living might be worth it for some people who want access to the beach and all that comes with it. With an array of shopping and dining options, as well as plenty of entertainment options nearby, Diamond Beach is an attractive option for those looking for a beach town experience without breaking the bank.
   Cost of living score
     CategoriesDiamond BeachNew JerseyUnited States
  122.7119.8100.0
  107.4105.8100
  97.496.9100.0
  204.3136.4100.0
  $513,500$432,100$338,100
  111.1%109.2%100.0%
  90.3127.7100.0
  102.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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