Cost of Living in Monmouth County, NJ

Modeled annual cost: $60,751.

Median family income: $155,779.

NJ Median $59,331

Monmouth County, NJ Affordability at a glance

Median Income

$155,779

Estimated Annual Costs

$60,751

Cost/Income Ratio

39.0%

State Rank

#9Most expensive counties in NJ out of 21See New Jersey county rankings

Location Type

Metro

Biggest category:

Housing is the biggest expense in Monmouth County, NJ.

$18,051 per year.*29.71% of total modeled yearly costs.

Cost breakdown

Total

$60,751

Per year

  • Housing:
    $18,05129.7%
  • Transport:
    $13,10921.6%
  • Taxes:
    $12,05519.8%
  • Other Costs:
    $7,10911.7%
  • Healthcare:
    $5,5809.2%
  • Food:
    $4,8468.0%

* Percentages may not add up to 100% due to rounding.

See how Monmouth County, NJ compares across the country.

Explore our cost of living interactive map to compare Monmouth County, NJ with multiple counties in the United States.

How WatchPennies calculates salary needed