Atlantic Highlands cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAtlantic HighlandsNew JerseyNational
Cost of living index154131100
IndexAtlantic HighlandsNew JerseyNational
Goods & Services index151118100
Groceries index121116100
Health care index117111100
Housing index188166100
Transportation index138118100
Utilities index133110100
Displayed above is a general overview of the Atlantic Highlands, NJ cost of living index. The overall cost of living index in Atlantic Highlands, NJ is 154, which is 17% higher than the New Jersey average and 54% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Atlantic Highlands, NJ are 28% higher than the New Jersey average and 51% higher than the national average.

Did you know?

  • The cost of living in Atlantic Highlands is 17% higher than the New Jersey average.
  • The cost of living in Atlantic Highlands is 54% higher than the national average.
  • The cost of housing in Atlantic Highlands is 88% higher than the national average.
  • New Jersey general sales tax is 37% higher than the national average.
  • New Jersey state income tax is 37% lower than the national average.

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Compare Atlantic Highlands, NJ Cost of living To Other Cities

Salary Calculator

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Health care index
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The salary calculator allows you to compare how much your current salary in Atlantic Highlands, NJ would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Atlantic Highlands, NJ, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Atlantic Highlands, NJ salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$99,702$8,309$2,326$2,991
Renters$49,375$4,115$1,152$1,481
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Atlantic Highlands, NJ, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Atlantic Highlands, NJ homeowners have a median income of $99,702. Using that number, you will come up with a maximum of $2,326 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $49,375, which means there is a maximum of $1,152 to be spent on the costs of renting a home or apartment.

New Jersey Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Jersey7%7%

New Jersey Income Tax

StateIncome Tax (Low)Income Tax (High)
New Jersey1.4%8.97%
One thing to keep in mind when considering the cost of living in Atlantic Highlands, NJ is the New Jersey sales tax and New Jersey income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The New Jersey sales tax rate is 7% and the maximum surtax that can be charged is 7%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The New Jersey income tax rates range from 1.4% to 8.97%.

Goods & Services

ItemAtlantic HighlandsNational avg.Difference
Haircut $22.50$14.5954.2%
Beauty Salon $70.55$34.68103.4%
Toothpaste $4.04$2.4763.3%
Shampoo $1.14$1.0211.5%
Movie $13.83$9.8740.1%
Bowling $12.33$4.39180.8%

Groceries

ItemAtlantic HighlandsNational avg.Difference
Ground Beef $4.46$4.480.4%
Fried Chicken $1.04$1.4629.0%
Milk $1.92$2.3618.5%
Potatoes $4.37$3.0642.7%
Pizza $11.49$9.2424.3%
Beer $13.09$8.6351.6%

Health Care

ItemAtlantic HighlandsNational avg.Difference
Optometrist $103.33$99.783.6%
Doctor $122.50$105.0316.6%
Dentist $117.50$88.7032.5%
Ibuprofen $10.06$9.416.9%
Lipitor $302.11$298.501.2%

Housing

ItemAtlantic HighlandsNational avg.Difference
Home Price $367,000.00$175,700.00108.9%
Avg. Mortgage Payment $4,902.79$1,081.03353.5%
Apartment Rent $1,277.00$920.0038.8%

Transportation

ItemAtlantic HighlandsNational avg.Difference
Gasoline $2.64$2.0926.2%
Tire Balancing $78.00$45.2972.2%

Utilities

ItemAtlantic HighlandsNational avg.Difference
All Electricity$259.80$170.8052.1%
Phone $30.33$28.267.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Keansburg, NJ10,01113333%
Perth Amboy, NJ51,72711717%
Keyport, NJ7,21311919%
Carteret, NJ23,77011919%
Highlands, NJ4,98514040%
Atlantic Highlands, NJ4,35715454%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wolverine Lake, MI4,35793-7%
Brownsville, LA4,35679-21%
Hometown, IL4,35893-7%
St. Bernard, OH4,35885-15%
Dacono, CO4,35598-2%
Atlantic Highlands, NJ4,35715454%
Source: The Atlantic Highlands, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.