Glen Rock, NJ Cost Of Living
Cost Of Living In Glen Rock, NJ Summary
Cost of living in Glen Rock 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 Glen Rock 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 Glen Rock is 163, with 100 being the average.
The cost of living index in Glen Rock is 1.6x higher than the national average.
Glen Rock ranks as the #218 cheapest in New Jersey out of 251.
Glen Rock ranks as the #6,036 cheapest out of 6,412 in the US.
The median home value in Glen Rock is $695,300.
The median income in Glen Rock is $182,292.
Table Of Contents
Glen Rock's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Glen Rock, NJ?
According to the most recent data on the cost of living, Glen Rock has an overall cost of living index of 163, which is 1.6x higher than the national index of 100.
Compared to New Jersey, Glen Rock has a cost of living index that's 1.5x higher than New Jersey's index of 111.
The standard of living in Glen Rock ranks as #218 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Glen Rock ranks as the #33 most expensive place in the Garden State.
For more reading on life in Glen Rock, check out:
- Living In Glen Rock
- Glen Rock Crime Report
- Search Homes For Sale In Glen Rock, NJ
In New Jersey
In America
Glen Rock Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Glen Rock. Here is how it fairs on each of the criteria:
The Services index in Glen Rock is 112.
The Groceries index in Glen Rock is 107.
The Health index in Glen Rock is 95.
The Housing index in Glen Rock is 293.
The Transportation index in Glen Rock is 109.
The Utilities index in Glen Rock is 101.
| Living Expense | Glen Rock | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 163 | 111 | 100 | |
| Services | 112 | 104 | 100 | |
| Groceries | 107 | 104 | 100 | |
| Health | 95 | 95 | 100 | |
| Housing | 293 | 130 | 100 | |
| Transportation | 109 | 106 | 100 | |
| Utilities | 101 | 108 | 100 | |
Glen Rock, NJ Housing Cost Breakdown
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 2017-2021. The key points are:
The Median Home Value in Glen Rock is $695,300.
The Median Rent in Glen Rock is $1,818.
The Median Income in Glen Rock is $182,292.
The Home Value To Income in Glen Rock is 3.8x.
The Rent To Monthly Income in Glen Rock is 0.12x.
| Statistic | Glen Rock | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $695,300 | $355,700 | $244,900 |
| Median Rent | $1,818 | $1,436 | $1,163 |
| Median Income | $182,292 | $89,703 | $69,021 |
| Home Value To Income | 3.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Glen Rock, NJ Costs By Category
Detailed Glen Rock Services Costs Vs. New Jersey
| Item | Glen Rock | New Jersey |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $12.49 | $10.68 |
| Bowling | $18.0 | $14.67 |
| Haircut | $20.93 | $18.62 |
| Beauty Salon | $36.53 | $39.05 |
Detailed Glen Rock Groceries Costs Vs. New Jersey
| Item | Glen Rock | New Jersey |
|---|---|---|
| Ground Beef | $4.09 | $4.22 |
| Fried Chicken | $1.79 | $1.39 |
| Milk | $2.44 | $2.05 |
| Potatoes | $3.25 | $3.29 |
| Pizza | $11.36 | $10.62 |
| Beer | $9.32 | $9.38 |
| Toothpaste | $2.22 | $2.34 |
Detailed Glen Rock Health Costs Vs. New Jersey
| Item | Glen Rock | New Jersey |
|---|---|---|
| Optometrist | $106.0 | $108.57 |
| Doctor | $91.0 | $116.17 |
| Dentist | $102.33 | $99.13 |
Detailed Glen Rock Transportation Costs Vs. New Jersey
| Item | Glen Rock | New Jersey |
|---|---|---|
| Gasoline | $2.37 | $2.22 |
| Tire Balancing | $54.12 | $50.07 |
Detailed Glen Rock Utilities Costs Vs. New Jersey
| Item | Glen Rock | New Jersey |
|---|---|---|
| All Electricity | $178.53 | $167.67 |
| Phone | $179.87 | $175.64 |
Glen Rock SnackAbility
/10
Cost Of Living In Cities Around Glen Rock
The cost of living varies in the cities and towns around Glen Rock. Here's a quick look at the cost of living in the most populous nearby places:
Paterson, NJ has a cost of living index of 116, 0.7x Glen Rock.
Fair Lawn, NJ has a cost of living index of 137, 0.8x Glen Rock.
Paramus, NJ has a cost of living index of 159, 1.0x Glen Rock.
| City | Population | Cost Of Living | Vs. Glen Rock |
|---|---|---|---|
| Paterson, NJ | 157,927 | 116 | 0.7x |
| Fair Lawn, NJ | 34,820 | 137 | 0.8x |
| Paramus, NJ | 26,650 | 159 | 1.0x |
| Ridgewood, NJ | 25,991 | 176 | 1.1x |
| Eastchester, NY | 20,636 | 163 | 1.0x |
| Hawthorne, NJ | 19,507 | 130 | 0.8x |
| Scarsdale, NY | 18,063 | 265 | 1.6x |
| Haledon, NJ | 8,936 | 121 | 0.7x |
| North Haledon, NJ | 8,893 | 140 | 0.9x |
| Briarcliff Manor, NY | 7,587 | 175 | 1.1x |
