Beach Haven West 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.
IndexBeach Haven WestNew JerseyNational
Cost of living index142131100
IndexBeach Haven WestNew JerseyNational
Goods & Services index115118100
Groceries index117116100
Health care index99111100
Housing index205166100
Transportation index117118100
Utilities index121110100
An overview of the general cost of living index for Beach Haven West, NJ is displayed above for your reference. Residents in Beach Haven West, NJ enjoy a cost of living index of 142. This index is 9% higher than the New Jersey average, and 42% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Beach Haven West, NJ, the average cost of goods and services is 3% lower than it is in New Jersey, and it is 15% higher than the national average.

Did you know?

  • The cost of living in Beach Haven West is 9% higher than the New Jersey average.
  • The cost of living in Beach Haven West is 42% higher than the national average.
  • The cost of housing in Beach Haven West is 105% 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 Beach Haven West, NJ Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Beach Haven West, NJ to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Beach Haven West, NJ, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Beach Haven West, NJ salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$78,417$6,535$1,830$2,353
Renters$108,190$9,016$2,524$3,246
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Beach Haven West, 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 Beach Haven West, NJ homeowners have a median income of $78,417. Using that number, you will come up with a maximum of $1,830 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $108,190, which means there is a maximum of $2,524 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%
When you are determining the total cost of living in Beach Haven West, NJ you will want to make sure you consider both the New Jersey sales tax and the New Jersey income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New Jersey is 7%, with the highest surtax being 7%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New Jersey have a range from 1.4% to 8.97%.

Goods & Services

ItemBeach Haven WestNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $52.00$34.6849.9%
Toothpaste $2.36$2.474.6%
Shampoo $0.99$1.023.1%
Movie $10.75$9.878.9%
Bowling $5.04$4.3914.8%

Groceries

ItemBeach Haven WestNational avg.Difference
Ground Beef $4.74$4.485.9%
Fried Chicken $1.69$1.4615.4%
Milk $2.25$2.364.5%
Potatoes $3.49$3.0614.0%
Pizza $10.74$9.2416.2%
Beer $8.39$8.632.8%

Health Care

ItemBeach Haven WestNational avg.Difference
Optometrist $106.00$99.786.2%
Doctor $118.75$105.0313.1%
Dentist $95.00$88.707.1%
Ibuprofen $9.89$9.415.1%
Lipitor $200.00$298.5033.0%

Housing

ItemBeach Haven WestNational avg.Difference
Home Price $352,000.00$175,700.00100.3%
Avg. Mortgage Payment $1,419.25$1,081.0331.3%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemBeach Haven WestNational avg.Difference
Gasoline $2.46$2.0917.6%
Tire Balancing $52.00$45.2914.8%

Utilities

ItemBeach Haven WestNational avg.Difference
All Electricity$186.98$170.809.5%
Phone $38.50$28.2636.3%
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.
Mystic Island, NJ7,79212020%
Tuckerton, NJ3,37012020%
Smithville, NJ6,95012020%
Forked River, NJ5,19912424%
Ocean Acres, NJ16,18712424%
Beach Haven West, NJ4,14014242%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Springville, AL4,14098-2%
Eldorado, IL4,13977-23%
Broken Bow, OK4,14185-15%
Primera, TX4,13876-24%
Medford Lakes, NJ4,13813535%
Beach Haven West, NJ4,14014242%
Source: The Beach Haven West, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.