Cost of living in Freehold
Freehold, NJ, offers a unique blend of suburban charm and proximity to urban amenities. Understanding the cost of living here is crucial for potential residents and those planning to relocate.
This guide provides a detailed breakdown of expenses, including housing, groceries, and other essential costs, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost around $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay approximately $80.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer costs about $5, imported beer $6.95, cappuccino $4, and Coke/Pepsi $2.5.
Grocery Prices
- Milk - Milk is priced at $1.06 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $2.76.
- Eggs (Dozen) - A dozen eggs are priced at $10.
- Fruits (e.g., Apples, Oranges) - Apples cost $8.82 per kg, while oranges are $4.96 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $2.62 per kg, and lettuce costs $1.99 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs approximately $3.
- Fuel (Gasoline) - Gasoline is priced at around $0.76 per liter.
- Taxi Fares - Taxi fares start at $3.5, with a cost of $1.55 per km.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is approximately $1900.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre is around $3200.
Utilities
- Internet - Internet services cost about $75 for 60 Mbps or more.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data is priced at $99.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Freehold, NJ, presents a moderate cost of living with relatively high housing costs, especially in the city centre.
Grocery prices are varied, with some items like eggs being notably expensive.
Transportation costs are reasonable, with public transport and fuel prices being manageable.
Conclusion
In conclusion, Freehold, NJ, offers a balanced lifestyle with a mix of suburban and urban benefits.
While housing can be costly, especially for larger apartments, other expenses such as transportation and basic utilities are more affordable.
Prospective residents should budget carefully, particularly for housing and groceries, to ensure a comfortable living experience.