| Index | Guttenberg | New Jersey | National |
| Cost of living | 129 | 125 | 100 |
| Groceries | 106 | 108 | 100 |
| Health care | 114 | 112 | 100 |
| Housing | 167 | 157 | 100 |
| Transportation | 118 | 114 | 100 |
| Utilities | 110 | 111 | 100 |
| Lifestyle & Entertainment | 113 | 113 | 100 |
| Household Items | 110 | 107 | 100 |
| Education & Childcare | 117 | 120 | 100 |
Getting a feel for the cost of living in Guttenberg is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Guttenberg is 129, which is 29% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If you're in pursuit of an economical living environment, Guttenberg may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Guttenberg falls within this bracket.
Housing costs are a major factor in the Guttenberg cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 67.3% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Is Guttenberg an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Guttenberg is 74% higher than the national average, while the average monthly rent prices are 51.9% higher than average. The affordability of any location can also be influenced by median income levels. Guttenberg has a median household income of $92,537, which is 13.8% higher than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Guttenberg, the groceries index registers 5.8% higher than the national average.
Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Guttenberg, healthcare costs are 14.1% higher than the national average.
The cost of living data for Guttenberg shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| 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 | $159,509 | $13,292 | $3,722 | $4,786 |
| Renters | $72,338 | $6,028 | $1,688 | $2,170 |
| 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. |
| Greenville CDP (Greene County), NY | 616 | 106 | 6.1% |
| East Orange, NJ | 66,655 | 115 | 15.1% |
| Roselle, NJ | 22,321 | 116 | 15.7% |
| Silver Lake CDP (Warren County), NJ | 326 | 117 | 17.3% |
| Newark, NJ | 290,764 | 120 | 19.8% |
| Guttenberg, NJ | 11,557 | 129 | 28.6% |
| City | Population | Cost of Living Index | National Avg. |
| Newport East, RI | 11,557 | 126 | 26.3% |
| Scottdale, GA | 11,547 | 107 | 6.9% |
| Haysville, KS | 11,544 | 88 | 11.6% |
| Ionia, MI | 11,533 | 88 | 11.6% |
| Haddonfield, NJ | 11,585 | 151 | 51.0% |
| Guttenberg, NJ | 11,557 | 129 | 28.6% |
Here are the best places to live in New Jersey
Check out the 10 safest cities in New Jersey
These are the largest cities in New Jersey
Check out the 10 most dangerous cities in New Jersey