Cost of Living in Eatontown, NJ

Population 13,537 · New Jersey · Data vintage 2023

138
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Eatontown sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 8.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Eatontown is about 25 miles south of New York, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 40% lower than New York's $752,000.

Cost Overview

Housing 149
Rent 122

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

About the Cost of Living in Eatontown

The median home value in Eatontown is $454,300 — 49% above the national median of $305,000. Median rent runs $1,599/month, 22% higher than the national median of $1,314/month. The median household income of $90,174/year is 21% higher than the US median of $74,580. The local unemployment rate is 8.4%, 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, Eatontown has a cost of living index of 138 versus the US average of 100, meaning it is 38% more expensive.

🏠 Housing

Median Home Value
$454,300
49% above avg
Zillow Home Value
$611,379
Zillow ZHVI
Median Rent
$1,599/mo
22% above avg
Zillow Rent
$2,156/mo
Zillow ZORI
Price-to-Rent Ratio
23.7x
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 54.6%
Renter-occupied 45.4%

💰 Estimated Monthly Budget

Rent median rent
$1,599
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,213/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
27.1 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.0%

Commute Mode

Drove alone
73.3%
Carpooled
8.9%
Public transit
3.3%
Walked
1.2%
Work from home
11.0%

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
$90,174
21% above avg
Per Capita Income
$47,708
Unemployment Rate
8.4%
74% above avg
Poverty Rate
5.8%
Labor Force Participation
68.2%

🎓 Education

Bachelor's degree+ 24.2%
Graduate degree 15.7%

👥 Demographics

Median Age 45.5
Male median age 45.9
Female median age 44.5

🌤 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 Eatontown, NJ?

Eatontown has a cost index of 138 (100 = national average). It is 38% above the national average.

What is average rent in Eatontown, NJ?

The median gross rent in Eatontown is $1,599 per month based on 2023 Census data.

What is the average home price in Eatontown?

The median home value in Eatontown is $454,300 according to Zillow and Census data.

What is the median income in Eatontown?

The median household income in Eatontown is $90,174 per year (2023 ACS 5-year estimates).

What is the sales tax in Eatontown, NJ?

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

Is Eatontown, NJ affordable?

Eatontown is above average in cost of living, with an index of 138 — about 38% higher than the national average.

What is the weather like in Eatontown?

Eatontown 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.

Eatontown at a Glance

Population
13,537
Median Income
$90,174
Home Value
$454,300
Median Rent
$1,599/mo
Unemployment
8.4%
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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