Cost of Living in East Freehold, NJ

Population 5,381 · New Jersey · Data vintage 2023

179
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

East Freehold's housing market reflects its status as a high-earning metro: $627,000 for a typical home, 106% above the US median, paired with household incomes around $195,804 that put it in the upper third of the state.

Geographically, East Freehold is about 25 miles south of Elizabeth, the nearest large metro. Median home values run roughly 59% higher than Elizabeth's $394,000.

Cost Overview

Housing 206
Rent 139

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in East Freehold

The median home value in East Freehold is $626,800 — 106% above the national median of $305,000. Median rent runs $1,828/month, 39% higher than the national median of $1,314/month. The median household income of $195,804/year is 163% higher than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 63.8°F and lows of 47.1°F, with about 31.5" of annual snowfall. Overall, East Freehold has a cost of living index of 179 versus the US average of 100, meaning it is 79% more expensive.

🏠 Housing

Median Home Value
$626,800
106% above avg
Median Rent
$1,828/mo
39% above avg
Price-to-Rent Ratio
28.6x
Favors renting
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 88.8%
Renter-occupied 11.2%

💰 Estimated Monthly Budget

Rent median rent
$1,828
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,442/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
38.5 min
43% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.4%

Commute Mode

Drove alone
66.7%
Carpooled
10.0%
Public transit
2.2%
Walked
0.2%
Bicycle
0.8%
Work from home
19.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$195,804
163% above avg
Per Capita Income
$61,934
Unemployment Rate
5.5%
14% above avg
Poverty Rate
10.1%
Labor Force Participation
76.1%

🎓 Education

Bachelor's degree+ 39.9%
Graduate degree 24.5%

👥 Demographics

Median Age 41.4
Male median age 32.9
Female median age 45.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.8°F
Avg Low
47.1°F
Annual Precip
46.6"
Annual Snowfall
31.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637382878578665545
Low °F 262734445464696861493931
Precip" 3.422.984.133.873.974.344.664.153.823.793.334.14
Snow" 9.110.15.60.50.00.00.00.00.00.20.65.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
85%
Good air days/yr
140
Max AQI recorded
0
PM2.5 days
247
Ozone days

Frequently Asked Questions

What is the cost of living in East Freehold, NJ?

East Freehold has a cost index of 179 (100 = national average). It is 79% above the national average.

What is average rent in East Freehold, NJ?

The median gross rent in East Freehold is $1,828 per month based on 2023 Census data.

What is the average home price in East Freehold?

The median home value in East Freehold is $626,800 according to 2023 Census ACS data.

What is the median income in East Freehold?

The median household income in East Freehold is $195,804 per year (2023 ACS 5-year estimates).

What is the sales tax in East Freehold, NJ?

The combined state and local sales tax rate in East Freehold is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is East Freehold, NJ affordable?

East Freehold is above average in cost of living, with an index of 179 — about 79% higher than the national average.

What is the weather like in East Freehold?

East Freehold has average high temperatures of 63.8°F and average lows of 47.1°F. Annual precipitation is 46.6". Average annual snowfall is 31.5". Data from NOAA 1991–2020 Climate Normals.

East Freehold at a Glance

Population
5,381
Median Income
$195,804
Home Value
$626,800
Median Rent
$1,828/mo
Unemployment
5.5%
Avg High Temp
63.8°F
Sales Tax
6.6%
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🗺️ County data for New Jersey

Explore county-level cost of living data

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