Cost of Living in Wanamassa, NJ

Get 300+ Local Insights for Any Address in Wanamassa, NJ

Get Access to 300+ Local Data Points
F
37%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
99%
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 Wanamassa New Jersey National
Cost of living137125100
Groceries105108100
Health care112112100
Housing199157100
Transportation114114100
Utilities109111100
Lifestyle & Entertainment113113100
Household Items107107100
Education & Childcare120120100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Wanamassa, NJ

property for sale

25 Surrey Ln

Ocean, NJ
property for sale

1209 Logan Rd

Ocean, NJ
property for sale

16 Wardell Pl

Ocean, NJ
property for sale

1800 Logan Rd

Ocean, NJ

Cost Of Living Quick Facts

  • The cost of living in Wanamassa is 10% higher than the New Jersey average
  • The cost of living in Wanamassa is 37% higher than the national average
  • Wanamassa housing is 99% 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 Wanamassa

See all the best places to live around Wanamassa

Compare Wanamassa, NJ Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Wanamassa?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Wanamassa?
      Write a review to give others more information about this area.
      See all Wanamassa poll results

      The best places in New Jersey

      Here are the best places to live in New JerseySafest States In The USMost Dangerous States In The USSafest Cities In The US
      Best Places in New Jersey

      Salary Calculator

      This is how much you would need to earn in
      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$213,241$17,770$4,975$6,398
      Renters$79,369$6,614$1,852$2,381
      A good indicator of the general affordability of housing in Wanamassa, NJ, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Wanamassa, the median monthly income is $213,241 for those who own their own homes. Under the standard rule, that income level would allow for $4,975 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $79,369, per the median income in the area. That would allow for renters to spend up to $1,852 on monthly rental expenses.

      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.
      Cedar Glen West, NJ1,8468713.5%
      Leisure Village, NJ4,8631022.3%
      Leisure Village East, NJ3,8931099.2%
      Keansburg, NJ10,05011414.1%
      Cliffwood Beach, NJ3,09111919.4%
      Wanamassa, NJ4,81613737.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Kahaluu, HI4,815211110.6%
      Edinburgh, IN4,8158712.6%
      Hanamaulu, HI4,81715252.5%
      Blackwood, NJ4,81811010.2%
      Middletown, MD4,81313939.0%
      Wanamassa, NJ4,81613737.3%
      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.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026