Cost of living in Bloomingdale research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bloomingdale is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Bloomingdale is 126, with 100 being the average.
The cost of living index in Bloomingdale is 1.3x higher than the national average.
Bloomingdale ranks as the #116 cheapest in New Jersey out of 260.
Bloomingdale ranks as the #4,776 cheapest out of 6,489 in the US.
The median home value in Bloomingdale is $535,115.
The median income in Bloomingdale is $126,221.
According to the most recent data on the cost of living, Bloomingdale has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Bloomingdale has a cost of living index that's 1.0x higher than New Jersey's index of 122.
The standard of living in Bloomingdale ranks as #116 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Bloomingdale ranks as the #144 most expensive place in the Garden State.
For more reading on life in Bloomingdale, check out:
Six factors go into calculating the cost of living index in Bloomingdale. Here is how it fairs on each of the criteria:
The Services index in Bloomingdale is 101.
The Groceries index in Bloomingdale is 104.
The Health index in Bloomingdale is 100.
The Housing index in Bloomingdale is 180.
The Transportation index in Bloomingdale is 93.
The Utilities index in Bloomingdale is 101.
| Living Expense | Bloomingdale | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 126 | 122 | 100 | |
| Services | 101 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 100 | 99 | 100 | |
| Housing | 180 | 159 | 100 | |
| Transportation | 93 | 101 | 100 | |
| Utilities | 101 | 107 | 100 | |
Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Bloomingdale is $535,115.
The Median Rent in Bloomingdale is $1,772.
The Median Income in Bloomingdale is $126,221.
The Home Value To Income in Bloomingdale is 4.2x.
The Rent To Monthly Income in Bloomingdale is 0.17x.
| Statistic | Bloomingdale | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $535,115 | $564,432 | $303,400 |
| Median Rent | $1,772 | $1,653 | $1,348 |
| Median Income | $126,221 | $101,050 | $78,538 |
| Home Value To Income | 4.2x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
| Item | Bloomingdale | New Jersey |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $14.15 | $12.13 |
| Bowling | $25.03 | $18 |
| Haircut | $29.17 | $24.26 |
| Beauty Salon | $40.36 | $45.56 |
| Item | Bloomingdale | New Jersey |
|---|---|---|
| Ground Beef | $5.64 | $5.84 |
| Fried Chicken | $1.55 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.66 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
| Item | Bloomingdale | New Jersey |
|---|---|---|
| Optometrist | $105.11 | $125.68 |
| Doctor | $117.94 | $135.78 |
| Dentist | $121.22 | $113.29 |
| Item | Bloomingdale | New Jersey |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $77.33 | $59.92 |
| Item | Bloomingdale | New Jersey |
|---|---|---|
| All Electricity | $230.68 | $193.99 |
| Phone | $186.61 | $192.25 |
The cost of living varies in the cities and towns around Bloomingdale. Here's a quick look at the cost of living in the most populous nearby places:
Nanuet, NY has a cost of living index of 145, 1.2x Bloomingdale.
Florham Park, NJ has a cost of living index of 165, 1.3x Bloomingdale.
Oakland, NJ has a cost of living index of 139, 1.1x Bloomingdale.
| City | Population | Cost Of Living | Vs. Bloomingdale |
|---|---|---|---|
| Nanuet, NY | 20,089 | 145 | 1.2x |
| Florham Park, NJ | 13,134 | 165 | 1.3x |
| Oakland, NJ | 12,700 | 139 | 1.1x |
| Ringwood, NJ | 11,600 | 130 | 1.0x |
| Suffern, NY | 11,395 | 125 | 1.0x |
| Wanaque, NJ | 11,162 | 121 | 1.0x |
| Franklin Lakes, NJ | 11,011 | 216 | 1.7x |
| Pompton Lakes, NJ | 11,010 | 122 | 1.0x |
| Lincoln Park, NJ | 10,901 | 124 | 1.0x |
| Chestnut Ridge, NY | 10,464 | 149 | 1.2x |