West Long Branch 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.
IndexWest Long BranchNew JerseyNational
Cost of living index153127100
IndexWest Long BranchNew JerseyNational
Goods & Services index148114100
Groceries index128104100
Health care index115100100
Housing index189166100
Transportation index134107100
Utilities index127110100
The above illustration supplies generalized information for the West Long Branch, NJ cost of living index. Compared to other cities in New Jersey and cities across the country, the cost of living index in West Long Branch, NJ is 153, which is 21% higher than the New Jersey average and 53% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in West Long Branch, NJ are 30% higher than the average for New Jersey and 48% higher than the rest of the country.

Did you know?

  • The cost of living in West Long Branch is 21% higher than the New Jersey average.
  • The cost of living in West Long Branch is 53% higher than the national average.
  • The cost of housing in West Long Branch is 89% 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 West Long Branch, NJ Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in West Long Branch, NJ to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in West Long Branch, NJ, you have to earn a higher income in order to still have the same standard of living. To operate the West Long Branch, NJ salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$104,430$8,703$2,437$3,133
Renters$41,100$3,425$959$1,233
If you want to find a good determining factor for the cost of living and the general affordability of housing in West Long Branch, NJ, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In West Long Branch, NJ, the median monthly income is $104,430 for those who own their own homes. Under the standard rule, that income level would allow for $2,437 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $41,100, per the median income in the area. That would allow for renters to spend up to $959 on monthly rental expenses.

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 you are determining the total cost of living in West Long Branch, NJ you will want to make sure you consider both the New Jersey sales tax and the New Jersey income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New Jersey is 7%, with the highest surtax being 7%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New Jersey have a range from 1.4% to 8.97%.

Goods & Services

ItemWest Long BranchNational avg.Difference
Haircut $24.02$15.5654.3%
Beauty Salon $64.92$36.1179.8%
Toothpaste $4.50$2.4782.1%
Shampoo $1.67$0.9673.1%
Movie $14.89$10.1347.1%
Bowling $13.06$4.74175.8%

Groceries

ItemWest Long BranchNational avg.Difference
Ground Beef $6.10$3.9853.2%
Fried Chicken $2.04$1.4144.7%
Milk $2.45$2.0618.7%
Potatoes $3.78$2.9826.8%
Pizza $12.14$9.4728.1%
Beer $13.06$8.7948.6%

Health Care

ItemWest Long BranchNational avg.Difference
Optometrist $106.66$101.045.6%
Doctor $105.00$107.442.3%
Dentist $125.00$90.4238.2%
Ibuprofen $9.99$9.287.7%
Lipitor $435.07$426.502.0%

Housing

ItemWest Long BranchNational avg.Difference
Home Price $392,400.00$175,700.00123.3%
Avg. Mortgage Payment $5,496.82$1,133.23385.1%
Apartment Rent $1,014.00$920.0010.2%

Transportation

ItemWest Long BranchNational avg.Difference
Gasoline $2.31$1.9916.1%
Tire Balancing $79.33$45.7673.4%

Utilities

ItemWest Long BranchNational avg.Difference
All Electricity$232.72$163.8142.1%
Phone $30.77$28.398.4%
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.
Keansburg, NJ10,01111313%
Keyport, NJ7,21311818%
Highlands, NJ4,98513939%
Cliffwood Beach, NJ3,33112020%
Laurence Harbor, NJ6,84512020%
West Long Branch, NJ8,39115353%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Westlake Village, CA8,39318787%
Orrville, OH8,38989-11%
Incline Village, NV8,38917070%
Hillsboro, TX8,39480-20%
Pebble Creek, FL8,3881066%
West Long Branch, NJ8,39115353%
Source: The West Long Branch, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.