| Index | Burlington | New Jersey | National |
| Cost of living | 99 | 125 | 100 |
| Groceries | 98 | 108 | 100 |
| Health care | 99 | 112 | 100 |
| Housing | 98 | 157 | 100 |
| Transportation | 101 | 114 | 100 |
| Utilities | 97 | 111 | 100 |
| Lifestyle & Entertainment | 101 | 113 | 100 |
| Household Items | 98 | 107 | 100 |
| Education & Childcare | 97 | 120 | 100 |
Understanding the cost of living in Burlington can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Burlington cost of living index is 99, which is 1% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
The cost of living in Burlington closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Burlington can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Wondering if Burlington is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Burlington, for example, the median home price is 7.9% lower than what folks pay nationally, and monthly rent is 12.9% higher than the usual rates. Plus, income levels matter too, with Burlington boasting a median household income of $99,841, which is 22.8% higher than the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Burlington, healthcare costs are 1.5% lower than the national average.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Burlington, the housing index is 1.7% lower than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Burlington, the utilities index stands at 3.3% lower than the national average.
The Burlington cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $129,235 | $10,770 | $3,015 | $3,877 |
| Renters | $47,929 | $3,994 | $1,118 | $1,438 |
| State | General Sales Tax | With Max Surtax |
| New Jersey | 6.625% | 12.625% |
| State | Income Tax (Low) | Income Tax (High) |
| New Jersey | 1.4% | 10.75% |
| City | Population | Cost of Living Index | National Avg. |
| Tavistock, NJ | 5 | 111 | 10.6% |
| Audubon Park, NJ | 1,003 | 92 | 7.9% |
| Newtown CDP, PA | 258 | 85 | 15.4% |
| Camden, NJ | 76,587 | 96 | 4.4% |
| Woodlynne, NJ | 3,006 | 99 | 1.0% |
| Burlington, NJ | 10,094 | 99 | 1.5% |
| City | Population | Cost of Living Index | National Avg. |
| Aiea, HI | 10,094 | 207 | 107.5% |
| Star, ID | 10,093 | 116 | 16.5% |
| Felida, WA | 10,100 | 150 | 49.8% |
| Woodbury, NJ | 10,086 | 106 | 6.2% |
| Eunice, LA | 10,106 | 87 | 13.5% |
| Burlington, NJ | 10,094 | 99 | 1.5% |
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