Bellmawr 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.
IndexBellmawrNew JerseyNational
Cost of living index110131100
IndexBellmawrNew JerseyNational
Goods & Services index115118100
Groceries index117116100
Health care index99111100
Housing index96166100
Transportation index117118100
Utilities index121110100
Here we can see a simple outline of the cost of living in Bellmawr, NJ. As you can see, with the average cost of living in Bellmawr, NJ being 110, that puts it 16% lower than the average of New Jersey and 10% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Bellmawr, NJ, the price of goods and services are 3% lower than the average of New Jersey as well as 15% higher than the nation's average.

Did you know?

  • The cost of living in Bellmawr is 16% lower than the New Jersey average.
  • The cost of living in Bellmawr is 10% higher than the national average.
  • The cost of housing in Bellmawr is 4% lower 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 Bellmawr, NJ Cost of living To Other Cities

Salary Calculator

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Health care index
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Use the salary calculator to compare your current income in Bellmawr, 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 Bellmawr, NJ, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Bellmawr, 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)
One can approximate the cost of living and the housing affordability in Bellmawr, NJ by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Bellmawr, NJ have a median income of $64,018. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,494 per month to avoid calamity and poverty. The renters in the city have an income of about $32,639, which would make their monthly maximum allowable rental costs $762.

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 assessing the complete cost of living in Bellmawr, NJ, the New Jersey income tax and the New Jersey sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New Jersey maximum surtax is 7%, and the New Jersey sales tax is 7%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1.4% to 8.97% in New Jersey.

Goods & Services

ItemBellmawrNational 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%


ItemBellmawrNational 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

ItemBellmawrNational 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%


ItemBellmawrNational avg.Difference
Home Price $175,600.00$175,700.000.1%
Avg. Mortgage Payment $1,419.25$1,081.0331.3%
Apartment Rent $807.00$920.0012.3%


ItemBellmawrNational avg.Difference
Gasoline $2.46$2.0917.6%
Tire Balancing $52.00$45.2914.8%


ItemBellmawrNational 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.
Tavistock, NJ911515%
Pine Valley, NJ211515%
Prospect Park, PA28894-6%
Audubon Park, NJ1,05196-4%
Chester, PA34,00790-10%
Bellmawr, NJ11,53811010%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Klahanie, WA11,53815050%
Grafton, WI11,5391022%
Lansing, KS11,53598-2%
Greentree, NJ11,52913131%
La Riviera, CA11,52911313%
Bellmawr, NJ11,53811010%
Source: The Bellmawr, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.