According to the most recent data on the cost of living, Hopatcong has an overall cost of living index of 111 which is 1.1x higher than the national index of 100.
Compared to only New Jersey, Hopatcong has a cost of living index that's 0.9x lower than New Jersey's index of 121.
The standard of living in Hopatcong ranks as #4,221 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Hopatcong ranks as the #2,198 most expensive place in the Garden State.
Living Expense | Hopatcong | New Jersey | National Average | |
---|---|---|---|---|
Overall | 111 | 121 | 100 | |
Services | 106 | 107 | 100 | |
Groceries | 117 | 107 | 100 | |
Health | 100 | 100 | 100 | |
Housing | 134 | 160 | 100 | |
Transportation | 111 | 106 | 100 | |
Utilities | 92 | 98 | 100 |
Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Hopatcong | New Jersey | United States |
---|---|---|---|
Median Home Value | $240,600 | $343,500 | $229,800 |
Median Rent | $1,505 | $1,368 | $1,096 |
Median Income | $97,679 | $85,245 | $64,994 |
Home Value To Income | 2.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.19x | 0.2x |
Item | Hopatcong | New Jersey |
---|---|---|
Shampoo | $1.09 | $1.06 |
Movie | $12.38 | $10.68 |
Bowling | $20.56 | $14.67 |
Item | Hopatcong | New Jersey |
---|---|---|
Ground Beef | $4.21 | $4.22 |
Fried Chicken | $1.94 | $1.39 |
Milk | $2.37 | $2.05 |
Item | Hopatcong | New Jersey |
---|---|---|
Haircut | $20.96 | $18.62 |
Beauty Salon | $45.37 | $39.05 |
Toothpaste | $2.06 | $2.34 |
Item | Hopatcong | New Jersey |
---|---|---|
Potatoes | $3.52 | $3.29 |
Pizza | $11.27 | $10.62 |
Beer | $8.27 | $9.38 |
Optometrist | $92.33 | $108.57 |
Doctor | $99.57 | $116.17 |
Dentist | $116.16 | $99.13 |
Item | Hopatcong | New Jersey |
---|---|---|
Gasoline | $2.45 | $2.22 |
Tire Balancing | $53.07 | $50.07 |
All Electricity | $147.86 | $167.67 |
Phone | $179.87 | $175.64 |
City | Population | Cost Of Living | Vs. Hopatcong |
---|---|---|---|
Florham Park, NJ | 11,719 | 165 | 1.5x |
Budd Lake, NJ | 10,444 | 118 | 1.1x |
Lincoln Park, NJ | 10,220 | 124 | 1.1x |
Succasunna, NJ | 9,367 | 134 | 1.2x |
White Meadow Lake, NJ | 9,166 | 129 | 1.2x |
Lake Mohawk, NJ | 9,148 | 121 | 1.1x |
Boonton, NJ | 8,510 | 126 | 1.1x |
Butler, NJ | 7,669 | 123 | 1.1x |
Bernardsville, NJ | 7,641 | 164 | 1.5x |
Wharton, NJ | 6,458 | 117 | 1.1x |