Cost of Living in Oak Valley, NJ

With a cost of living index of 94, Oak Valley, NJ is slightly more affordable than average. Living here is 6% cheaper than the national average and 33% below the New Jersey state average of 128. Oak Valley is a small community of 4,374 residents.

The median household income in Oak Valley is $90,563, which is 21% higher than the national median of $75,149.

Everyday prices in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.