C
2%
Overall NAT. AVG.
3%
Goods & Services NAT. AVG.
16%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Pleasantville New Jersey National
Cost of living98121100
Goods & Services103106100
Groceries102102100
Health care9499100
Housing84158100
Transportation107103100
Utilities110107100

An Overview of Cost of Living in Pleasantville, NJ

Are you thinking about relocating, but curious about the potential cost of living in Pleasantville? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Pleasantville stands at 98, making it 2% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Pleasantville is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Is Pleasantville Affordable?

Is Pleasantville an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Pleasantville, the median home price is 30.2% lower than what most folks pay across the country, and monthly rent prices are 18.4% higher than the usual rates. Income levels in Pleasantville come in at $41,718, which is 24.6% lower than the national average.

What Factors can Influence the Cost of Living in Pleasantville?

Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.

Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Pleasantville, the housing index comes in at 15.6% lower than the national average.

Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Pleasantville, the general sales tax rate starts at 6.625%, and income tax rates begin at 1.4%.

Where is the Data From?

The Pleasantville cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Pleasantville is 19% lower than the New Jersey average
  • The cost of living in Pleasantville is 2% lower than the national average
  • Pleasantville housing is 16% lower than the national average
  • New Jersey general sales tax is 30% higher than the national average
  • New Jersey state income tax is 46% lower than the national average

Most Affordable Places to Live in and Around Pleasantville

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Compare Pleasantville, NJ Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$60,357$5,030$1,408$1,811
      Renters$29,934$2,495$698$898
      A good way to judge both the affordability of the housing and the cost of living in Pleasantville is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Pleasantville has a median income of about $60,357 for people who own homes. Based on that number, a maximum of $1,408 should be spent on expenses related to housing. Renters have a slightly different median income, which is $29,934. Based on this average, renters should spend no more than $698 on all rental costs if they want to maintain a non-impoverished standard of living.

      New Jersey Sales Tax

      State General Sales Tax With Max Surtax
      New Jersey 6.625% 12.625%

      New Jersey Income Tax

      State Income Tax (Low) Income Tax (High)
      New Jersey 1.4% 10.75%

      Goods & Services

      Item Pleasantville National avg. Difference
      Haircut $23.54$24.263.0%
      Beauty Salon $66.27$45.5645.4%
      Toothpaste $3.65$3.701.5%
      Shampoo $1.52$1.2818.4%
      Movie $13.75$12.1313.3%
      Bowling $19.47$18.008.1%

      Groceries

      Item Pleasantville National avg. Difference
      Ground Beef $5.76$5.841.3%
      Fried Chicken $1.46$1.577.4%
      Milk $4.67$4.670.0%
      Potatoes $5.37$4.938.8%
      Pizza $11.73$12.092.9%
      Beer $11.99$10.4115.2%

      Health Care

      Item Pleasantville National avg. Difference
      Optometrist $123.50$125.681.7%
      Doctor $132.56$135.782.4%
      Dentist $103.31$113.298.8%
      Ibuprofen $11.22$10.655.3%
      Lipitor $398.10$468.6015.0%

      Housing

      Item Pleasantville National avg. Difference
      Home Price $128,900.00$184,700.0030.2%
      Avg. Mortgage Payment $2,169.88$2,346.697.5%
      Apartment Rent $1,124.00$949.0018.4%

      Transportation

      Item Pleasantville National avg. Difference
      Gasoline $3.53$3.462.0%
      Tire Balancing $70.89$59.9218.3%

      Utilities

      Item Pleasantville National avg. Difference
      All Electricity $222.45$193.9914.7%
      Phone $198.27$192.253.1%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Strathmere, NJ591021.7%
      Elwood, NJ1,226964.0%
      Egg Harbor City, NJ4,072981.9%
      Atlantic City, NJ37,793981.5%
      Pomona, NJ7,7561021.9%
      Pleasantville, NJ20,226982.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Ozark, MO20,2168910.6%
      Lomita, CA20,21216565.1%
      Rivière-du-Loup, QC20,207n/a 
      Columbia Heights, MN20,247991.3%
      Rosamond, CA20,25511615.6%
      Pleasantville, NJ20,226982.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.