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Cost of Living in Richland, NJ

Population: 859 | New Jersey

94
Cost of Living Index
US Average = 100

Richland is 6% less expensive than the national average.

100
Housing
77
Home Values
99
Regional Price

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

With a cost of living index of 94, Richland, NJ is slightly more affordable than average. Living here is 6% cheaper than the national average and 34% below the New Jersey state average of 128. Richland is a small community of 859 residents.

The median household income in Richland is $152,525, which is 103% higher than the national median of $75,149.

Everyday prices in the Atlantic City-Hammonton, NJ (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.

Income

Median Household Income
$152,525
vs US Median ($75,149)
+103%

Housing

Median Home Value
$235,600
Median Monthly Housing Cost
$1,805/mo

Everyday Prices in Richland

BLS Average Prices for the Atlantic City-Hammonton, NJ (Metropolitan Statistical Area) area

$3.00
Gasoline (regular)
per gallon
-2% vs US
🥚
$2.44
Eggs (grade A, large)
per dozen
-2% vs US
🥛
$3.94
Milk (whole)
per gallon
-2% vs US
🍞
$1.81
Bread (white)
per lb
-2% vs US
🍗
$4.05
Chicken breast
per lb
-2% vs US
$0.21
Electricity
per kWh
+8% vs US

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