Cost of Living in Elwood, NJ

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B
1%
Overall NAT. AVG.
7%
Groceries NAT. AVG.
21%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Elwood New Jersey National
Cost of living101125100
Groceries107108100
Health care109112100
Housing79157100
Transportation112114100
Utilities114111100
Lifestyle & Entertainment113113100
Household Items110107100
Education & Childcare114120100
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Homes For Sale In Elwood, NJ

property for sale

4160 Anna Dr

Hammonton, NJ
property for sale

4166 Anna Dr

Hammonton, NJ
property for sale

4179 E Adams Cir

Hammonton, NJ
property for sale

551 Wharton Park Blvd

Hammonton, NJ

Cost Of Living Quick Facts

  • The cost of living in Elwood is 19% lower than the New Jersey average
  • The cost of living in Elwood is 1% higher than the national average
  • Elwood housing is 21% lower than the national average
  • New Jersey general sales tax is 30% higher than the national average
  • New Jersey state income tax is 46% lower than the national average

Most Affordable Places to Live in and Around Elwood

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Compare Elwood, NJ Cost of Living

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      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$106,404$8,867$2,483$3,192
      Renters$0$0$0$0

      New Jersey Sales Tax

      State General Sales Tax With Max Surtax
      New Jersey 6.625% 12.625%

      New Jersey Income Tax

      State Income Tax (Low) Income Tax (High)
      New Jersey 1.4% 10.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Collings Lakes, NJ1,5701021.8%
      Chesilhurst, NJ1,4841022.3%
      Egg Harbor City, NJ4,1751033.4%
      Pleasantville, NJ20,9271043.5%
      Atlantic City, NJ38,8101044.2%
      Elwood, NJ1,2751011.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      March ARB, CA1,27513232.1%
      Canaan, CT1,2751044.1%
      Kaaawa, HI1,27519191.4%
      New London, MN1,275972.8%
      Country Club Hills, MO1,2758218.0%
      Elwood, NJ1,2751011.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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