Port Elizabeth, NJ Economy

Port Elizabeth, NJ is a small town located in the coastal state of New Jersey. The town has a quaint atmosphere, making it an ideal place to live for those looking for a more peaceful lifestyle. The cost of living in Port Elizabeth is slightly higher than the US average, with 2-bedroom rents coming in at $1,430 per month. Grocery costs are also higher, with the Grocery Cost Index being versus 100 in the US. Local businesses have flourished over the years due to its advantageous location on the coast and easy access to NYC and Philadelphia. Some of these companies include Red Bank Marine Transportation Services, USA Propeller Repair & Sales, and Anderson Boat Works. Although it may be more expensive to live in Port Elizabeth than other towns in NJ, its amenities and access to big cities make it worth considering when looking for a new home.