Cost Of Living In Pleasantville, NJ

Pleasantville 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.
Index	Pleasantville	New Jersey	National
Cost of living index	108	127	100
Index	Pleasantville	New Jersey	National
Goods & Services index	108	114	100
Groceries index	116	104	100
Health care index	106	100	100
Housing index	98	166	100
Transportation index	115	107	100
Utilities index	124	110	100

An overview of the general cost of living index for Pleasantville, NJ is displayed above for your reference. Residents in Pleasantville, NJ enjoy a cost of living index of 108. This index is 14% lower than the New Jersey average, and 8% 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 Pleasantville, NJ, the average cost of goods and services is 5% lower than it is in New Jersey, and it is 8% higher than the national average.

Did you know?

The cost of living in Pleasantville is 14% lower than the New Jersey average.
The cost of living in Pleasantville is 8% higher than the national average.
The cost of housing in Pleasantville is 2% 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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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current income in Pleasantville, 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 Pleasantville, NJ, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Pleasantville, 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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$55,710	$4,643	$1,300	$1,671
Renters	$25,674	$2,140	$599	$770

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Pleasantville, NJ, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Pleasantville, NJ has a median income of about $55,710 for people who own homes. Based on that number, a person should spend a maximum of $1,300 on expenses related to housing. Renters have a slightly different median income, which is $25,674. Based on this average, renters should spend no more than $599 on all of their rental costs if they want to maintain a non-impoverished standard of living.

New Jersey Sales Tax

State	General Sales Tax	With Max Surtax
New Jersey	7%	7%

New Jersey Income Tax

State	Income Tax (Low)	Income Tax (High)
New Jersey	1.4%	8.97%

When assessing the complete cost of living in Pleasantville, 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

Item	Pleasantville	National avg.	Difference
Haircut	$17.96	$15.56	15.4%
Beauty Salon	$54.38	$36.11	50.6%
Toothpaste	$2.34	$2.47	5.5%
Shampoo	$0.99	$0.96	2.6%
Movie	$11.55	$10.13	14.0%
Bowling	$5.13	$4.74	8.4%

Groceries

Item	Pleasantville	National avg.	Difference
Ground Beef	$3.87	$3.98	3.0%
Fried Chicken	$1.68	$1.41	19.2%
Milk	$1.97	$2.06	4.5%
Potatoes	$3.44	$2.98	15.2%
Pizza	$10.38	$9.47	9.6%
Beer	$8.18	$8.79	7.0%

Health Care

Item	Pleasantville	National avg.	Difference
Optometrist	$102.70	$101.04	1.6%
Doctor	$124.15	$107.44	15.6%
Dentist	$97.92	$90.42	8.3%
Ibuprofen	$9.59	$9.28	3.3%
Lipitor	$386.87	$426.50	9.3%

Housing

Item	Pleasantville	National avg.	Difference
Home Price	$157,100.00	$175,700.00	10.6%
Avg. Mortgage Payment	$1,520.01	$1,133.23	34.1%
Apartment Rent	$1,098.00	$920.00	19.3%

Transportation

Item	Pleasantville	National avg.	Difference
Gasoline	$2.23	$1.99	11.9%
Tire Balancing	$55.56	$45.76	21.4%

Utilities

Item	Pleasantville	National avg.	Difference
All Electricity	$182.53	$163.81	11.4%
Phone	$40.01	$28.39	40.9%

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, State	Population	Cost of Living Index	National Avg.
Elwood, NJ	1,613	102	2%
Egg Harbor City, NJ	4,253	109	9%
Atlantic City, NJ	39,521	111	11%
Mays Landing, NJ	1,714	112	12%
Somers Point, NJ	10,783	109	9%
Pleasantville, NJ	20,436	108	8%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Woodbridge, NJ	20,434	124	24%
Farmington, UT	20,440	107	7%
Corinth, TX	20,432	93	-7%
Chambersburg, PA	20,430	97	-3%
Eastmont, WA	20,443	127	27%
Pleasantville, NJ	20,436	108	8%

Source: The Pleasantville, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Pleasantville, NJ Cost of Living