Cost of Living in Monmouth Beach, NJ

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F
96%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
295%
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 Monmouth Beach New Jersey National
Cost of living196125100
Groceries105108100
Health care112112100
Housing395157100
Transportation114114100
Utilities109111100
Lifestyle & Entertainment113113100
Household Items107107100
Education & Childcare120120100
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Homes For Sale In Monmouth Beach, NJ

property for sale

40 Riverdale Ave

Monmouth Beach, NJ
property for sale

8 Riverdale Ave

Monmouth Beach, NJ
property for sale

55 Ocean Ave Ph A

Monmouth Beach, NJ
property for sale

55 Ocean Ave Unit PHB

Monmouth Beach, NJ

Cost Of Living Quick Facts

  • The cost of living in Monmouth Beach is 57% higher than the New Jersey average
  • The cost of living in Monmouth Beach is 96% higher than the national average
  • Monmouth Beach housing is 295% higher 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 Monmouth Beach

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      Cost of living index
      Groceries index
      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$200,901$16,742$4,687$6,028
      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.
      Keansburg, NJ10,05011414.1%
      Cliffwood Beach, NJ3,09111919.4%
      North Middletown, NJ2,72312020.1%
      Laurence Harbor, NJ6,22812120.8%
      Keyport, NJ7,20912121.4%
      Monmouth Beach, NJ3,29719696.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Grangeville, ID3,297954.8%
      East Hawkesbury, ON3,297n/a 
      Gosnell, AR3,2968217.9%
      Hilliard, FL3,2961022.0%
      Rural Hall, NC3,296946.3%
      Monmouth Beach, NJ3,29719696.1%
      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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