Cost of living in Harrison 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 Harrison 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 Harrison is 126, with 100 being the average.
The cost of living index in Harrison is 1.3x higher than the national average.
Harrison ranks as the #116 cheapest in New Jersey out of 260.
Harrison ranks as the #4,776 cheapest out of 6,489 in the US.
The median home value in Harrison is $572,710.
The median income in Harrison is $82,290.
According to the most recent data on the cost of living, Harrison has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Harrison has a cost of living index that's 1.0x higher than New Jersey's index of 122.
The standard of living in Harrison ranks as #116 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Harrison ranks as the #144 most expensive place in the Garden State.
For more reading on life in Harrison, check out:
Six factors go into calculating the cost of living index in Harrison. Here is how it fairs on each of the criteria:
The Services index in Harrison is 107.
The Groceries index in Harrison is 101.
The Health index in Harrison is 97.
The Housing index in Harrison is 181.
The Transportation index in Harrison is 109.
The Utilities index in Harrison is 109.
| Living Expense | Harrison | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 126 | 122 | 100 | |
| Services | 107 | 108 | 100 | |
| Groceries | 101 | 104 | 100 | |
| Health | 97 | 99 | 100 | |
| Housing | 181 | 159 | 100 | |
| Transportation | 109 | 101 | 100 | |
| Utilities | 109 | 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 Harrison is $572,710.
The Median Rent in Harrison is $2,073.
The Median Income in Harrison is $82,290.
The Home Value To Income in Harrison is 7.0x.
The Rent To Monthly Income in Harrison is 0.3x.
| Statistic | Harrison | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $572,710 | $564,432 | $303,400 |
| Median Rent | $2,073 | $1,653 | $1,348 |
| Median Income | $82,290 | $101,050 | $78,538 |
| Home Value To Income | 7.0x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.3x | 0.2x | 0.21x |
| Item | Harrison | New Jersey |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $15.78 | $12.13 |
| Bowling | $21.0 | $18 |
| Haircut | $25.62 | $24.26 |
| Beauty Salon | $41.67 | $45.56 |
| Item | Harrison | New Jersey |
|---|---|---|
| Ground Beef | $5.65 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.33 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
| Item | Harrison | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
| Item | Harrison | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
| Item | Harrison | New Jersey |
|---|---|---|
| All Electricity | $236.04 | $193.99 |
| Phone | $186.61 | $192.25 |
The cost of living varies in the cities and towns around Harrison. Here's a quick look at the cost of living in the most populous nearby places:
Newark, NJ has a cost of living index of 112, 0.9x Harrison.
Elizabeth, NJ has a cost of living index of 120, 1.0x Harrison.
East Orange, NJ has a cost of living index of 112, 0.9x Harrison.
| City | Population | Cost Of Living | Vs. Harrison |
|---|---|---|---|
| Newark, NJ | 307,188 | 112 | 0.9x |
| Elizabeth, NJ | 135,887 | 120 | 1.0x |
| East Orange, NJ | 69,183 | 112 | 0.9x |
| Kearny, NJ | 40,570 | 128 | 1.0x |
| Westfield, NJ | 30,760 | 178 | 1.4x |
| Secaucus, NJ | 21,437 | 155 | 1.2x |
| North Arlington, NJ | 16,368 | 128 | 1.0x |
| Florham Park, NJ | 13,134 | 165 | 1.3x |
| Glen Rock, NJ | 12,082 | 165 | 1.3x |
| Hasbrouck Heights, NJ | 12,067 | 138 | 1.1x |