Pennington-Prospect 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.
IndexPennington-ProspectTrentonNew Jersey
Cost of living index9599127
IndexPennington-ProspectTrentonNew Jersey
Goods & Services index113113114
Groceries index102102104
Health care index102102100
Housing index6477166
Transportation index106106107
Utilities index109109110

Did you know?

  • The cost of living in Pennington-Prospect is 25% lower than the Trenton average.
  • The cost of living in Pennington-Prospect is 5% lower than the national average.
  • The cost of housing in Pennington-Prospect is 36% 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 Trenton, 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)
Household$30,868$2,572$720$926

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

ItemTrentonNational avg.Difference
Haircut $19.80$15.5627.2%
Beauty Salon $31.53$36.1112.7%
Toothpaste $2.04$2.4717.4%
Shampoo $0.96$0.960.9%
Movie $12.25$10.1321.0%
Bowling $4.44$4.746.3%

Groceries

ItemTrentonNational avg.Difference
Ground Beef $3.72$3.986.7%
Fried Chicken $1.42$1.411.2%
Milk $2.35$2.0613.9%
Potatoes $2.76$2.987.6%
Pizza $8.16$9.4713.8%
Beer $9.12$8.793.7%

Health Care

ItemTrentonNational avg.Difference
Optometrist $104.60$101.043.5%
Doctor $88.87$107.4417.3%
Dentist $110.17$90.4221.8%
Ibuprofen $8.59$9.287.4%
Lipitor $389.54$426.508.7%

Housing

ItemTrentonNational avg.Difference
Home Price $113,100.00$175,700.0035.6%
Avg. Mortgage Payment $1,533.70$1,133.2335.3%
Apartment Rent $991.00$920.007.7%

Transportation

ItemTrentonNational avg.Difference
Gasoline $1.92$1.993.6%
Tire Balancing $59.07$45.7629.1%

Utilities

ItemTrentonNational avg.Difference
All Electricity$168.73$163.813.0%
Phone $33.50$28.3918.0%
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.
Beverly, NJ2,5731077%
Burlington, NJ9,8651088%
Roebling, NJ3,8611099%
Bristol, PA9,6571099%
Florence, NJ4,29811212%
Trenton, NJ84,45999-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cicero, IL84,4231000%
Alhambra, CA84,40014848%
Tracy, CA84,57312424%
Nampa, ID84,66088-12%
Citrus Heights, CA84,67811010%
Trenton, NJ84,45999-1%
Source: The Pennington-Prospect, Trenton, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.