Cost Of Living in Port Monmouth, NJ

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F

22%

Overall NAT. AVG.

7%

Groceries NAT. AVG.

50%

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	Port Monmouth	New Jersey	National
Cost of living	122	125	100
Groceries	107	108	100
Health care	109	112	100
Housing	150	157	100
Transportation	117	114	100
Utilities	109	111	100
Lifestyle & Entertainment	114	113	100
Household Items	107	107	100
Education & Childcare	115	120	100

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Homes For Sale In Port Monmouth, NJ

70 Golden Eye Ln

Port Monmouth, NJ

635 Hudson Ave

Port Monmouth, NJ

9 Hegel PL

Middletown, NJ

90 Kentucky Ave

North Middletown, NJ

Cost Of Living Quick Facts

The cost of living in Port Monmouth is 2% lower than the New Jersey average
The cost of living in Port Monmouth is 22% higher than the national average
Port Monmouth housing is 50% 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

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Price difference in compared to

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	$154,356	$12,863	$3,601	$4,631
Renters	$40,414	$3,368	$943	$1,213

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Port Monmouth, NJ, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Port Monmouth, homeowners have a median income of $154,356. Using that number, a maximum of $3,601 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $40,414, which means there is a maximum of $943 to be spent on the costs of renting a home or apartment.

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, NJ	10,050	114	14.1%
Cliffwood Beach, NJ	3,091	119	19.4%
North Middletown, NJ	2,723	120	20.1%
Laurence Harbor, NJ	6,228	121	20.8%
Keyport, NJ	7,209	121	21.4%
Port Monmouth, NJ	3,741	122	22.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Harrington, DE	3,741	101	0.7%
Gaylord, MI	3,741	86	13.5%
Strathmore, CA	3,742	102	2.4%
Aledo, IL	3,742	89	11.4%
Lac-Etchemin, QC	3,742	n/a
Port Monmouth, NJ	3,741	122	22.5%