Diamond Beach 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.
IndexDiamond BeachNew JerseyNational
Cost of living index156127100
IndexDiamond BeachNew JerseyNational
Goods & Services index105114100
Groceries index105104100
Health care index96100100
Housing index277166100
Transportation index95107100
Utilities index109110100

Did you know?

  • The cost of living in Diamond Beach is 23% higher than the New Jersey average.
  • The cost of living in Diamond Beach is 56% higher than the national average.
  • The cost of housing in Diamond Beach is 177% 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 Diamond Beach, NJ Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$108,967$9,081$2,542$3,269
Renters$0$0$0$0

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%

Goods & Services

ItemDiamond BeachNational avg.Difference
Haircut $12.33$15.5620.8%
Beauty Salon $33.33$36.117.7%
Toothpaste $2.63$2.476.2%
Shampoo $1.05$0.968.8%
Movie $11.67$10.1315.2%
Bowling $4.79$4.741.2%

Groceries

ItemDiamond BeachNational avg.Difference
Ground Beef $4.77$3.9819.8%
Fried Chicken $1.59$1.4112.8%
Milk $2.02$2.062.3%
Potatoes $3.74$2.9825.3%
Pizza $9.61$9.471.4%
Beer $9.66$8.799.8%

Health Care

ItemDiamond BeachNational avg.Difference
Optometrist $131.00$101.0429.6%
Doctor $82.39$107.4423.3%
Dentist $88.34$90.422.3%
Ibuprofen $9.90$9.286.7%
Lipitor $434.08$426.501.8%

Housing

ItemDiamond BeachNational avg.Difference
Home Price $487,200.00$175,700.00177.3%
Avg. Mortgage Payment $861.28$1,133.2324.0%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemDiamond BeachNational avg.Difference
Gasoline $1.88$1.995.6%
Tire Balancing $43.80$45.764.3%

Utilities

ItemDiamond BeachNational avg.Difference
All Electricity$182.99$163.8111.7%
Phone $29.95$28.395.5%
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.
Whitesboro, NJ2,07098-2%
Villas, NJ9,1991088%
Wildwood, NJ5,2551099%
Rio Grande, NJ2,35311010%
North Cape May, NJ2,86011111%
Diamond Beach, NJ14515656%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Idanha, OR14596-4%
Browns, IL14574-26%
Pick City, ND14583-17%
Edesville, MD1451000%
Arcadia, OK14584-16%
Diamond Beach, NJ14515656%
Source: The Diamond Beach, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.