Monmouth Beach, NJ Cost of Living


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Monmouth Beach cost of living score
129.1
More expensive
29.1% higher
than the US average
7.8% higher
than the New Jersey average
Monmouth Beach, 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.

Monmouth Beach, NJ

Housing costs in Monmouth Beach?
A typical home costs $883,700, which is 161.4% more expensive than the national average of $338,100 and 104.5% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Monmouth Beach costs $2,420 per month, which is 69.2% more than the national average of $1,430 and 29.3% more than the state average of $1,710.

Can I afford Monmouth Beach?
To live comfortably in Monmouth Beach, New Jersey, a minimum annual income of $169,200 for a family, and $77,200 for a single person is recommended.

What does A.I. say about Monmouth Beach?
Monmouth Beach, NJ boasts of having a very low cost of living. Many amenities are available to those living in the area including access to parks, schools, shopping and medical facilities. The cost of housing is very affordable with prices lower than both the national and New Jersey averages. Other costs such as groceries, utilities, transportation and healthcare are also very reasonable. As a result many families find Monmouth Beach attractive when looking for an affordable place to live that still offers many great amenities.
   Cost of living score
     CategoriesMonmouth BeachNew JerseyUnited States
  129.1119.8100.0
  110.4105.8100
  98.396.9100.0
  294.8136.4100.0
  $883,700$432,100$338,100
  102.7%109.2%100.0%
  109.7127.7100.0
  140.1112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Monmouth Beach
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Over 17 years ago

Having moved into Monmouth County over 22 years ago, I have come to appreciate many aspects of life in Monmouth County. As a resident of Middletown for 22 years, you are  More

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