| Index | Ocean Acres | New Jersey | National |
| Cost of living | 127 | 125 | 100 |
| Groceries | 107 | 108 | 100 |
| Health care | 112 | 112 | 100 |
| Housing | 158 | 157 | 100 |
| Transportation | 117 | 114 | 100 |
| Utilities | 116 | 111 | 100 |
| Lifestyle & Entertainment | 113 | 113 | 100 |
| Household Items | 107 | 107 | 100 |
| Education & Childcare | 122 | 120 | 100 |
Getting a feel for the cost of living in Ocean Acres 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 Ocean Acres is 127, which is 27% 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 affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Ocean Acres is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Ocean Acres falls into this category, which may not align with your goal of finding a budget-friendly living environment.
Housing costs are a major factor in the Ocean Acres 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 58.3% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Wondering if Ocean Acres 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 Ocean Acres, for example, the median home price is 46.2% higher than what folks pay nationally, and monthly rent is 86.4% higher than the usual rates. Plus, income levels matter too, with Ocean Acres boasting a median household income of $141,113, which is 73.5% higher than the national average.
Utilities: As with the prices of anything else, utility costs can exhibit significant variations, contingent on factors like climate, energy source availability, geographic location and state regulations. The expenses associated with electricity, water, heating, and waste disposal can fluctuate, either upward or downward, depending on the particular city or state. In Ocean Acres, the utilities index registers 16.2% higher than the national average.
Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Ocean Acres, the healthcare costs are 12.4% higher than the national average.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Ocean Acres, the groceries index is 7.3% higher than the national average.
The Ocean Acres cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $142,676 | $11,890 | $3,329 | $4,281 |
| Renters | $94,448 | $7,871 | $2,204 | $2,834 |
| 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. |
| Cedar Glen Lakes, NJ | 1,661 | 91 | 8.5% |
| Crestwood Village, NJ | 8,315 | 96 | 4.2% |
| Holiday Heights, NJ | 1,967 | 113 | 12.8% |
| Presidential Lakes Estates, NJ | 1,771 | 114 | 13.7% |
| Holiday City South, NJ | 4,083 | 115 | 15.1% |
| Ocean Acres, NJ | 17,774 | 127 | 26.6% |
| City | Population | Cost of Living Index | National Avg. |
| Port Hope, ON | 17,769 | n/a | |
| New Castle, IN | 17,779 | 81 | 18.6% |
| Miramichi, NB | 17,761 | n/a | |
| Nederland, TX | 17,748 | 95 | 4.7% |
| Pampa, TX | 17,743 | 85 | 14.6% |
| Ocean Acres, NJ | 17,774 | 127 | 26.6% |
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