Cost of Living in Perth amboy, NJ
Perth amboy cost of living index: 118.8 (above the US average). Median home price: $489,000.
Updated 2026 • Based on 1 local zip code
📍 Some data sourced from nearby metro area
18% above the national average
Housing
Data from 1 zip code
Housing costs in Perth amboy, NJ based on real market data from 1 local zip code.
Considering a move to Perth amboy, NJ? With a population of and a median age of , the community might appeal to families and young professionals. The median income stands at , but it's essential to note that approximately % of residents live below the poverty line. Furthermore, the unemployment rate of % suggests potential challenges in job security. Only 28% of families are married, pointing to a diverse family structure. Weighing these factors will be crucial in determining if Perth amboy fits your lifestyle and financial goals.
Last updated: January 2026
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
Living in Perth amboy, NJ could entail variable utility costs. Electricity costs sit at $19.88, while natural gas is priced at $14.01 per Thousand Cubic Feet. Expect to budget about $121.3 monthly for other services like water and garbage.
Cost Breakdown by Category
Local Income & Economy in Perth amboy, NJ
How far does your money go in Perth amboy? Understanding the relationship between income and cost of living is key to evaluating affordability.
How We Calculate Adjusted Purchasing Power in Perth amboy
The adjusted purchasing power shows what a Perth amboy, NJ household income is actually worth after accounting for local prices. We calculate it using the formula: Purchasing Power = Median Income ÷ Cost of Living Index × 100
For Perth amboy, that's $56,239 ÷ 118.8 × 100 = $47,339. This means a household earning the median income in Perth amboy has the equivalent buying power of $47,339 in a city where the cost of living index equals the national baseline of 100.
Perth amboy's cost of living index of 118.8 is moderately above the US average, meaning residents pay 18% more for typical goods and services. However, with a median household income of $56,239, many families find Perth amboy affordable relative to other cities in NJ. The adjusted purchasing power of $47,339 reflects a slight reduction in buying power, but strong local job markets and quality of life often offset the higher expenses.
💡 Purchasing power is calculated by dividing the local median household income by the cost of living index and multiplying by 100. A result higher than the nominal income means your money goes further; a lower result means local prices erode your earnings. The US baseline cost of living index is 100.
Pros & Cons of Living in Perth amboy
Pros
- • Close to NYC for jobs
- • Diverse community and cultures
- • Rich history and heritage
- • Growing local arts scene
- • Access to waterfront activities
- • Good public transportation access
- • Family-friendly neighborhoods
- • Community events year-round
- • Affordable housing options
- • Various parks and recreation areas
Cons
- • Some schools underperforming
- • Economic disparities present
- • Weather can be harsh in winter
- • Higher crime rates reported
- • Limited nightlife options
- • Traffic congestion in areas
- • Job market can be competitive
- • Limited shopping choices nearby
- • Some areas lack sufficient parks
- • Occasional racial tensions
💡City Insights
Perth amboy scores 3/10 for affordability, 5/10 for safety, and 5/10 for family-friendliness — an average overall profile. However, affordability is a weaker area that prospective residents should consider carefully.
Frequently Asked Questions
What is the cost of living in Perth amboy, NJ? ▼
The cost of living in Perth amboy, NJ is 19% higher than the national average, with a cost of living index of 119 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Perth amboy, NJ? ▼
In Perth amboy, NJ, The median home price is $489,000. requiring approximately $147,643 annual income to afford. Average rent is $2,600/month (requiring ~$104,000/year income). The local median household income is $56,239, making homeownership challenging for typical residents. Explore Perth amboy real estate data →
Is Perth amboy, NJ a safe place to live? ▼
Perth amboy, NJ is average in terms of safety, with crime rates near the national average. Safety varies significantly by neighborhood. View detailed Perth amboy crime statistics →
What salary do you need to live comfortably in Perth amboy, NJ? ▼
To live comfortably in Perth amboy, NJ and afford a median-priced home of $489,000, you would typically need a household income of $122,250 to $152,812 per year. The local median household income is $56,239. Renting requires approximately $104,000/year (at $2,600/month). See full affordability analysis →
What are the best neighborhoods in Perth amboy, NJ? ▼
The best neighborhoods in Perth amboy, NJ depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options.
How are the taxes in Perth amboy, NJ? ▼
Tax rates in Perth amboy, NJ include state and local components. The cost of living index of 119 indicates a higher cost environment compared to the national average. View detailed Perth amboy tax information →
How does Perth amboy, NJ compare to nearby cities? ▼
Perth amboy, NJ offers comparable costs to nearby communities. With a cost of living index of 119, median home prices of $489,000, and a crime rate of 0 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Perth amboy, NJ? ▼
Weather in Perth amboy, NJ varies by season. Climate data varies by season. View detailed Perth amboy climate & environment data →
What factors affect cost of living in Perth amboy, NJ? ▼
The main factors affecting cost of living in Perth amboy, NJ include housing costs (the biggest factor), utilities, groceries, transportation, and healthcare. Local taxes and the overall economic conditions also play a role.
Housing Costs by Zip Code
Detailed housing data across 1 zip code in Perth amboy, NJ.
| Zip Code | Median Home Price | Avg Rent | 2BR Rent | For Sale | For Rent |
|---|---|---|---|---|---|
| 08861 | $489,000 | $2,547/mo | $2,600/mo | 63 | 45 |
Explore More About Perth amboy, NJ
📅 Last Updated: January 2026
Sources: U.S. Census Bureau (ACS), Bureau of Labor Statistics, Council for Community and Economic Research (C2ER), Zillow, Redfin