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Cost of Living in Ramtown, NJ

Population: 6,410 | New Jersey

117
Cost of Living Index
US Average = 100

Ramtown is 17% more expensive than the national average.

100
Housing
148
Home Values
113
Regional Price

Cost of Living in Ramtown, NJ: What You Need to Know

With a cost of living index of 117, Ramtown, NJ is a notably expensive place to live. Living here is 17% more expensive than the national average and 11% below the New Jersey state average of 128. Ramtown is a smaller community of 6,410 residents, where everyday costs can differ substantially from nearby larger cities.

The median household income in Ramtown is $138,967, which is 85% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher 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.

Income

Median Household Income
$138,967
vs US Median ($75,149)
+85%

Housing

Median Home Value
$452,500
Median Monthly Housing Cost
$2,514/mo

Everyday Prices in Ramtown

BLS Average Prices for the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) area

$3.32
Gasoline (regular)
per gallon
+8% vs US
🥚
$2.71
Eggs (grade A, large)
per dozen
+8% vs US
🥛
$4.36
Milk (whole)
per gallon
+8% vs US
🍞
$2.00
Bread (white)
per lb
+8% vs US
🍗
$4.49
Chicken breast
per lb
+8% vs US
$0.24
Electricity
per kWh
+29% vs US

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