Kingston Estates 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.
IndexKingston EstatesNew JerseyNational
Cost of living index119127100
IndexKingston EstatesNew JerseyNational
Goods & Services index108114100
Groceries index116104100
Health care index106100100
Housing index135166100
Transportation index115107100
Utilities index124110100
Here we can see a simple outline of the cost of living in Kingston Estates, NJ. As you can see, with the average cost of living in Kingston Estates, NJ being 119, that puts it 6% lower than the average of New Jersey and 19% 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 Kingston Estates, NJ, the price of goods and services are 5% lower than the average of New Jersey as well as 8% higher than the nation's average.

Did you know?

  • The cost of living in Kingston Estates is 6% lower than the New Jersey average.
  • The cost of living in Kingston Estates is 19% higher than the national average.
  • The cost of housing in Kingston Estates is 35% 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 Kingston Estates, NJ Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Kingston Estates, NJ to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Kingston Estates, NJ, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Kingston Estates, NJ salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$90,888$7,574$2,121$2,727
Renters$34,271$2,856$800$1,028
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Kingston Estates, NJ as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Kingston Estates, NJ homeowners, is $90,888. This would allow for a maximum of $2,121 per month to be spent on housing costs. For renters, the median monthly income is $34,271 which would result in a maximum of $800 to be spent on rental costs.

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 Kingston Estates, 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

ItemKingston EstatesNational avg.Difference
Haircut $17.96$15.5615.4%
Beauty Salon $54.38$36.1150.6%
Toothpaste $2.34$2.475.5%
Shampoo $0.99$0.962.6%
Movie $11.55$10.1314.0%
Bowling $5.13$4.748.4%

Groceries

ItemKingston EstatesNational avg.Difference
Ground Beef $3.87$3.983.0%
Fried Chicken $1.68$1.4119.2%
Milk $1.97$2.064.5%
Potatoes $3.44$2.9815.2%
Pizza $10.38$9.479.6%
Beer $8.18$8.797.0%

Health Care

ItemKingston EstatesNational avg.Difference
Optometrist $102.70$101.041.6%
Doctor $124.15$107.4415.6%
Dentist $97.92$90.428.3%
Ibuprofen $9.59$9.283.3%
Lipitor $386.87$426.509.3%

Housing

ItemKingston EstatesNational avg.Difference
Home Price $235,500.00$175,700.0034.0%
Avg. Mortgage Payment $1,520.01$1,133.2334.1%
Apartment Rent $1,262.00$920.0037.2%

Transportation

ItemKingston EstatesNational avg.Difference
Gasoline $2.23$1.9911.9%
Tire Balancing $55.56$45.7621.4%

Utilities

ItemKingston EstatesNational avg.Difference
All Electricity$182.53$163.8111.4%
Phone $40.01$28.3940.9%
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, NJ911313%
Pine Valley, NJ211313%
Arcadia University, PA62311313%
Audubon Park, NJ1,05194-6%
Camden, NJ77,29498-2%
Kingston Estates, NJ6,16111919%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Manistee, MI6,16084-16%
Ontario, OH6,16086-14%
Manvel, TX6,15998-2%
Monticello, KY6,16382-18%
Willard, OH6,16380-20%
Kingston Estates, NJ6,16111919%
Source: The Kingston Estates, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.