Freehold township, NJ Cost of Living


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Freehold township cost of living score
129.1
More expensive
29.1% higher
than the US average
7.8% higher
than the New Jersey average
Freehold township, New Jersey gets a BestPlaces Cost of Living score of 129.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% higher than the U.S. average and 7.8% lower than the average for New Jersey.

Freehold township, NJ

Housing costs in Freehold township?
A typical home costs $470,000, which is 39.0% more expensive than the national average of $338,100 and 8.8% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Freehold township costs $1,830 per month, which is 28.0% more than the national average of $1,430 and 6.6% more than the state average of $1,710.

Can I afford Freehold township?
To live comfortably in Freehold township, New Jersey, a minimum annual income of $90,000 for a family, and $58,400 for a single person is recommended.

What does A.I. say about Freehold township?
The cost of living in Freehold, NJ is relatively affordable compared to many other parts of the state. Housing costs are lower than the national average, and groceries and utilities can be found at competitive prices. The town offers a variety of amenities for its citizens, including a thriving downtown area with restaurants, shops, and entertainment venues. The local public schools are also well-regarded, providing a quality education for its students. Overall, Freehold is an attractive option if you’re looking for an affordable place to live with plenty of options for entertainment.
   Cost of living score
     CategoriesFreehold townshipNew JerseyUnited States
  129.1119.8100.0
  105.5105.8100
  98.396.9100.0
  150.3136.4100.0
  $470,000$432,100$338,100
  103.6%109.2%100.0%
  107.0127.7100.0
  139.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Freehold township
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Over 11 years ago

We choose to live here so we do not have to put our kids in private  More

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Over 15 years ago

There are many parks in and around Freehold. It's wonderful for  More

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