Cost of Living in Leisure Village East, NJ

Population 4,309 · New Jersey · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

With a median age of 74, Leisure Village East functions largely as a retirement market. Housing costs — $212,000 for a typical home — anchor most household budgets, and the state's treatment of pension income tends to matter more than wage-driven tax comparisons. At 17.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 45 miles south of Elizabeth, Leisure Village East falls within that metro's commuting orbit. Median home values run roughly 46% lower than Elizabeth's $394,000.

Cost Overview

Housing 69
Rent 94

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

About the Cost of Living in Leisure Village East

The median home value in Leisure Village East is $211,600 — 31% below the national median of $305,000. Median rent runs $1,237/month, 6% lower than the national median of $1,314/month. The median household income of $47,231/year is 37% lower than the US median of $74,580. The local unemployment rate is 17.5%, 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 64.4°F and lows of 44.5°F. Overall, Leisure Village East has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$211,600
31% below avg
Median Rent
$1,237/mo
6% below avg
Price-to-Rent Ratio
14.3x
Favors buying
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 88.2%
Renter-occupied 11.8%

💰 Estimated Monthly Budget

Rent median rent
$1,237
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,851/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
37.8 min
40% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.5%

Commute Mode

Drove alone
91.2%
Work from home
3.5%

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
$47,231
37% below avg
Per Capita Income
$52,004
Unemployment Rate
17.5%
263% above avg
Poverty Rate
8.7%
Labor Force Participation
25.0%

🎓 Education

Bachelor's degree+ 13.2%
Graduate degree 9.8%

👥 Demographics

Median Age 74.1
Male median age 73.7
Female median age 74.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.4°F
Avg Low
44.5°F
Annual Precip
42.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414452647382878578665646
Low °F 252633425161666457463629
Precip" 2.972.573.833.372.953.735.194.403.393.672.983.74

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
71.5%
Good air days/yr
248
Max AQI recorded
200
PM2.5 days
165
Ozone days

Frequently Asked Questions

What is the cost of living in Leisure Village East, NJ?

Leisure Village East has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Leisure Village East, NJ?

The median gross rent in Leisure Village East is $1,237 per month based on 2023 Census data.

What is the average home price in Leisure Village East?

The median home value in Leisure Village East is $211,600 according to 2023 Census ACS data.

What is the median income in Leisure Village East?

The median household income in Leisure Village East is $47,231 per year (2023 ACS 5-year estimates).

What is the sales tax in Leisure Village East, NJ?

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

Is Leisure Village East, NJ affordable?

Yes, Leisure Village East is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Leisure Village East?

Leisure Village East has average high temperatures of 64.4°F and average lows of 44.5°F. Annual precipitation is 42.8". Data from NOAA 1991–2020 Climate Normals.

Leisure Village East at a Glance

Population
4,309
Median Income
$47,231
Home Value
$211,600
Median Rent
$1,237/mo
Unemployment
17.5%
Avg High Temp
64.4°F
Sales Tax
6.6%
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Explore county-level cost of living data

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