Cost of living in Mount Laurel
Mount Laurel, NJ, is a suburban community known for its family-friendly environment and proximity to major cities like Philadelphia. Understanding the cost of living in Mount Laurel is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $17 on average, with a range between $15 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $80, with prices ranging from $55 to $125.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $9 and $14.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $6 to $10, cappuccino $4.9 to $9, and Coke/Pepsi $2.46 to $4.
Grocery Prices
- Milk - Milk is priced between $1 and $1.85 per liter, averaging $1.37.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $5.51, with an average price of $2.76.
- Eggs (Dozen) - A dozen eggs range from $2.5 to $6, averaging $4.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $11.02 per kg, while oranges range from $1.65 to $13.21 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.66 and $4.41 per kg, and lettuce costs $3 to $3.08 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.81 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.55 to $3.11 per km and $22 to $32 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not provided for city centre; consider exploring local listings for accurate pricing.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not provided for outside centre; consider exploring local listings for accurate pricing.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $141.67 and $425, averaging $257.49.
- Internet - Internet services range from $49 to $120, with an average cost of $55.
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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Mount Laurel offers a moderate cost of living with reasonable prices for dining and groceries. However, housing data is limited, suggesting potential variability in rental costs.
Transportation costs are manageable, with affordable gasoline prices and taxi fares. Utilities and internet services are competitively priced, making Mount Laurel a balanced choice for families and individuals alike.
Conclusion
In conclusion, Mount Laurel, NJ, presents a balanced cost of living with affordable dining and transportation options. While housing data is limited, the available information suggests a moderate expense level for utilities and internet.
Prospective residents should consider exploring local housing listings for more detailed rental information. Overall, Mount Laurel offers a comfortable living environment with access to essential amenities and services.